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3478 County Road 509, Hanceville, AL 35077

2 beds • 1 baths • 960 sqft

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This property might be a fair Long-Term investment with a projected 4.14% first-year return on $28,140 initial cash invested.

4.14%

Cash On Cash

7.78%

Cap Rate

1.22

DSCR

$1,180

Rent

$97

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$134k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$28,140

Downpayment

20%

$26,800

Closing costs

1%

$1,340

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,180

Total Expenses

$1,083

Mortgage P&I

60%

$713

Property Taxes

1%

$16

Home Insurance

4%

$47

HOA

0%

$0

Property Management

10%

$118

CapEx

5%

$59

Vacancy

6%

$71

Maintenance

5%

$59

Other

0%

$0

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