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8321 County Road 289, Lanett, AL 36863

3 beds • 2 baths • 1645 sqft

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This property might be a fair Airbnb investment with a projected 1.94% first-year return on $64,179 initial cash invested.

1.94%

Cash On Cash

7.31%

Cap Rate

1.18

DSCR

$2,608

Rent

$104

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$220k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,179

Downpayment

20%

$43,980

Closing costs

1%

$2,199

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,608

Total Expenses

$2,504

Mortgage P&I

43%

$1,131

Property Taxes

2%

$45

Home Insurance

3%

$77

HOA

0%

$0

Property Management

15%

$391

CapEx

4%

$104

Vacancy

0%

$0

Maintenance

4%

$104

Other

25%

$652

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