142 Flintlock Way, New Market, AL

$275,000

Rent Rate: $1,925 | $301 Monthly Cashflow
4 Beds 2.5 Baths 2,238 Sq Ft Garage/Carport: 2-Car
Built in 2023 Lot Size: ~.34 Acres Basement: N/A Plumbing: Septic
Projected Completion Date: Complete!

Property Calculations

  • Purchase Price: $275,000
  • Rent Range: $1875-$1975
  • Rent Used In Calculations: $1,925
  • Annual Taxes: $2,470
  • Annual Insurance: $878
  • HOA Fees: 0
  • Property Management Fees: 5%
  • Annual Net Income (cash): $18,597
  • Annual Net Income (finance 25% 30yr): $3,607

Leveraged Cash-on-Cash

  • 1 Year: $3,607.37
  • 5 Year: $6,006.46
  • 15 Year: $13,227.35

Cap Rate

  • 1 Year: 6.76%
  • 5 Year: 7.61%
  • 15 Year: 10.23%

Capital Appreciation

  • 10 Year: $82,500
  • 20 Year: $165,000
  • 30 Year: $247,500