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$2,448 (target)

606 20th St SW, Lanett, AL 36863

3 beds • 2 baths • 1704 sqft

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This property could be a profitable Mid-Term investment with a projected 39.79% first-year return on $34,590 initial cash invested.

39.79%

Cash On Cash

25.23%

Cap Rate

3.99

DSCR

$2,448

Rent

$1,147

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,448 income − $1,301 expenses = $1,147 cash flow

Income$2,448Mortgage P&I$41617%Property Taxes$251%Insurance$281%Management$29412%CapEx$984%Vacancy$733%Maintenance$984%Other$26911%Cash Flow$1,147

Investment Breakdown

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Purchase Price

$79,000

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$34,590

Downpayment

20%

$15,800

Closing costs

1%

$790

Rehab

0%

$0

Furnishing

23%

$18,000

Cashflow

Total Income

$2,448

Total Expenses

$1,301

Mortgage P&I

17%

$416

Property Taxes

1%

$25

Home Insurance

1%

$28

HOA

0%

$0

Property Management

12%

$294

CapEx

4%

$98

Vacancy

3%

$73

Maintenance

4%

$98

Other

11%

$269

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