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85 Sunshine Ln W, Lincoln, AL 35096

3 beds • 2 baths • 1012 sqft

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This property looks like a bad Long-Term investment with a projected -5.25% first-year return on $41,383 initial cash invested.

-5.25%

Cash On Cash

5.7%

Cap Rate

0.89

DSCR

$1,350

Rent

-$181

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$197k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,383

Downpayment

20%

$39,412

Closing costs

1%

$1,971

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,350

Total Expenses

$1,531

Mortgage P&I

78%

$1,049

Property Taxes

5%

$61

Home Insurance

5%

$69

HOA

0%

$0

Property Management

10%

$135

CapEx

5%

$68

Vacancy

6%

$81

Maintenance

5%

$68

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

651 Antler Way, Lincoln, AL 35096

$1,425

3

2

1068

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25C Shaley St, Lincoln, AL 35096

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3

2

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1.9 mi

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$1,000

3

2

1100

1.9 mi

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$950

3

2

1100

1.9 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

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