13711 US-278, Cullman, AL 35057
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$146,000 | 11.09% ROI
Reserve this property! The Spartan Invest team of Birmingham, AL looks forward to helping you succeed with turn-key real estate investing.
| PROPERTY DETAILS | ||||
| Beds/Baths | 2 / 2 | |||
| Garage/Carport | N/A | |||
| Year Built | 1955 | |||
| Lot Size | ~1.5 Acres | |||
| Property Size | 960 Ft² | |||
| Basement | N/A | |||
| Projected Completion Date | complete! | |||
| PROPERTY CALCULATIONS | ||||
| Purchase Price | $146,000 | |||
| Rent Range | $1080-$1180 | |||
| Rent Used in Calculations | $1,130 | |||
| Annual Taxes | $400 | |||
| Annual Insurance | $743 | |||
| HOA Fees | 0 | |||
| Property Management Fees | 9% | |||
| Annual Net Income (cash) | $11,196.60 | |||
| Annual Net Income (finance 20% 30 yr) | $3,238.47 | |||
| CAP RATE | ||||
| 1 Year | 5 Year | 15 Year | ||
| 7.67% | 8.63% | 11.60% | ||
| LEVERAGED CASH-ON-CASH | ||||
| 1 Year | 5 Year | 15 Year | ||
| $3,238.47 | $4,698.68 | $9,051.57 | ||
| 11.09% | 16.09% | 31.00% | ||
| CAPITAL APPRECIATION | ||||
| 10 Year | 20 Year | 30 Year | ||
| $20,392 | $55,692 | $116,800 | ||