141 Flintlock Way, New Market, AL

$259,900

Rent Rate: $1,850 | $434 Monthly Cashflow
4 Beds 2 Baths 1,932 Sq Ft Garage/Carport: 2-Car
Built in 2023 Lot Size: ~.34 Acres Basement: N/A Plumbing: Sewer
Projected Completion Date: Complete!

Property Calculations

  • Purchase Price: $259,900
  • Rent Range: $1800-$1900
  • Rent Used In Calculations: $1,850
  • Annual Taxes: $2,000
  • Annual Insurance: $600
  • HOA Fees: 0
  • Property Management Fees: 5%
  • Annual Net Income (cash): $18,490
  • Annual Net Income (finance 25% 30yr): $5,209

Leveraged Cash-on-Cash

  • 1 Year: $5,208.85
  • 5 Year: $7,591.97
  • 15 Year: $14,770.58

Cap Rate

  • 1 Year: 7.11%
  • 5 Year: 8.01%
  • 15 Year: 10.76%

Capital Appreciation

  • 10 Year: $77,970
  • 20 Year: $155,940
  • 30 Year: $233,910