126 Flintlock Way, New Market, AL

$277,000

Rent Rate: $1,925 | $294 Monthly Cashflow
4 Beds 2.5 Baths 2,404 Sq Ft Garage/Carport: 2-Car
Built in 2023 Lot Size: ~.10 Acres Basement: N/A Plumbing: Septic
Projected Completion Date: Complete!

Property Calculations

  • Purchase Price: $277,000
  • Rent Range: $1875-$1975
  • Rent Used In Calculations: $1,925
  • Annual Taxes: $2,442
  • Annual Insurance: $878
  • HOA Fees: 0
  • Property Management Fees: 5%
  • Annual Net Income (cash): $18,625
  • Annual Net Income (finance 25% 30yr): $3,527

Leveraged Cash-on-Cash

  • 1 Year: $3,526.50
  • 5 Year: $5,929.12
  • 15 Year: $13,160.92

Cap Rate

  • 1 Year: 6.72%
  • 5 Year: 7.57%
  • 15 Year: 10.17%

Capital Appreciation

  • 10 Year: $83,100
  • 20 Year: $166,200
  • 30 Year: $249,300