841 Lynn Dale Ln, Forestdale, AL

$282,000

Rent Rate: $2,175 | 9.51% ROI (leveraged)
5 Beds 3 Baths 2,100 Sq Ft Garage/Carport: 1-Car
Built in 1947 Lot Size: ~.34 Acres Basement: Unfinished Plumbing: Septic
Projected Completion Date: 3/31/2025

Property Calculations

  • Purchase Price: $282,000
  • Rent Range: $2125-$2225
  • Rent Used In Calculations: $2,175
  • Annual Taxes: $1,255
  • Annual Insurance: $1,761
  • HOA Fees: 0
  • Property Management Fees: 9%
  • Annual Net Income (cash): $20,735
  • Annual Net Income (finance 20% 30yr): $5,364

Leveraged Cash-on-Cash

  • 1 Year: $5,363.82
  • 5 Year: $8,098.43
  • 15 Year: $16,170.02

Cap Rate

  • 1 Year: 7.35%
  • 5 Year: 8.28%
  • 15 Year: 11.12%

Capital Appreciation

  • 10 Year: $84,600
  • 20 Year: $169,200
  • 30 Year: $253,800