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305 W Dr NW, Hanceville, AL 35077

3 beds • 2 baths • 1341 sqft

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This property might be a fair Long-Term investment with a projected 1.45% first-year return on $35,490 initial cash invested.

1.45%

Cash On Cash

7.2%

Cap Rate

1.13

DSCR

$1,450

Rent

$43

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$169k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$35,490

Downpayment

20%

$33,800

Closing costs

1%

$1,690

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,450

Total Expenses

$1,407

Mortgage P&I

62%

$899

Property Taxes

5%

$72

Home Insurance

4%

$60

HOA

0%

$0

Property Management

10%

$145

CapEx

5%

$72

Vacancy

6%

$87

Maintenance

5%

$72

Other

0%

$0

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Comparable Property

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SQFT

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0.6 mi

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1

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0.9 mi

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4

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0.6 mi

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$1,100

2

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0.9 mi

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$2,850

5

4

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0.6 mi

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