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$3,046 (target)

1207 S 13th Ave, Lanett, AL 36863

3 beds • 2 baths • 1725 sqft

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This property could be a profitable Mid-Term investment with a projected 10.19% first-year return on $67,959 initial cash invested.

10.19%

Cash On Cash

10%

Cap Rate

1.54

DSCR

$3,046

Rent

$577

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,046 income − $2,469 expenses = $577 cash flow

Income$3,046Mortgage P&I$1,28442%Property Taxes$662%Insurance$833%Management$36612%CapEx$1224%Vacancy$913%Maintenance$1224%Other$33511%Cash Flow$577

Investment Breakdown

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Purchase Price

$238k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,959

Downpayment

20%

$47,580

Closing costs

1%

$2,379

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,046

Total Expenses

$2,469

Mortgage P&I

42%

$1,284

Property Taxes

2%

$66

Home Insurance

3%

$83

HOA

0%

$0

Property Management

12%

$366

CapEx

4%

$122

Vacancy

3%

$91

Maintenance

4%

$122

Other

11%

$335

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