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$2,145 (target)

155 Searcy Ln, Clanton, AL 35045

3 beds • 2 baths • 1533 sqft

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This property might be a fair Mid-Term investment with a projected 2.82% first-year return on $62,079 initial cash invested.

2.82%

Cash On Cash

7.77%

Cap Rate

1.21

DSCR

$2,145

Rent

$146

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,145 income − $1,999 expenses = $146 cash flow

Income$2,145Mortgage P&I$1,12753%Property Taxes$693%Insurance$743%Management$25712%CapEx$864%Vacancy$643%Maintenance$864%Other$23611%Cash Flow$146

Investment Breakdown

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Purchase Price

$210k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,079

Downpayment

20%

$41,980

Closing costs

1%

$2,099

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,145

Total Expenses

$1,999

Mortgage P&I

53%

$1,127

Property Taxes

3%

$69

Home Insurance

3%

$74

HOA

0%

$0

Property Management

12%

$257

CapEx

4%

$86

Vacancy

3%

$64

Maintenance

4%

$86

Other

11%

$236

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