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403 N 15th St, Lanett, AL 36863

3 beds • 1 baths • 1084 sqft

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This property could be a profitable Long-Term investment with a projected 47.98% first-year return on $12,579 initial cash invested.

47.98%

Cash On Cash

17.23%

Cap Rate

2.88

DSCR

$1,170

Rent

$503

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$59,900

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$12,579

Downpayment

20%

$11,980

Closing costs

1%

$599

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,170

Total Expenses

$667

Mortgage P&I

26%

$299

Property Taxes

4%

$44

Home Insurance

2%

$21

HOA

0%

$0

Property Management

10%

$117

CapEx

5%

$58

Vacancy

6%

$70

Maintenance

5%

$58

Other

0%

$0

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