REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

3060-15T Hsw, Lanett, AL 36863

3 beds • 3 baths • 1770 sqft

Email

This property looks like a bad Long-Term investment with a projected -8.98% first-year return on $59,850 initial cash invested.

-8.98%

Cash On Cash

4.46%

Cap Rate

0.74

DSCR

$1,470

Rent

-$448

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$285k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,850

Downpayment

20%

$57,000

Closing costs

1%

$2,850

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,470

Total Expenses

$1,918

Mortgage P&I

97%

$1,433

Property Taxes

0%

$2

Home Insurance

7%

$100

HOA

0%

$0

Property Management

10%

$147

CapEx

5%

$74

Vacancy

6%

$88

Maintenance

5%

$74

Other

0%

$0

Loading map...

Comparable Property

Rent

Beds

Baths

SQFT

Distance

806 21st Ave SW, Lanett, AL 36863

$1,900

3

2

1762

1.2 mi

1201 5th Ave, West Point, GA 31833

$1,295

3

2

1600

3.4 mi

1006 N 16th St, Lanett, AL 36863

$1,295

3

2

1509

2.8 mi

614 Ave B, West Point, GA 31833

$1,350

3

2

1512

3.3 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis