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202 N 17th Ave, Lanett, AL 36863

3 beds • 3 baths • 2872 sqft

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This property looks like a bad Long-Term investment with a projected -17.51% first-year return on $83,475 initial cash invested.

-17.51%

Cash On Cash

2.56%

Cap Rate

0.42

DSCR

$1,370

Rent

-$1,218

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$398k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,475

Downpayment

20%

$79,500

Closing costs

1%

$3,975

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,370

Total Expenses

$2,588

Mortgage P&I

146%

$1,999

Property Taxes

7%

$95

Home Insurance

10%

$139

HOA

0%

$0

Property Management

10%

$137

CapEx

5%

$68

Vacancy

6%

$82

Maintenance

5%

$68

Other

0%

$0

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