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1014 Larkwood Dr NE, Cullman, AL 35055

3 beds • 2 baths • 2216 sqft

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This property looks like a bad Airbnb investment with a projected -11.36% first-year return on $89,547 initial cash invested.

-11.36%

Cash On Cash

3.34%

Cap Rate

0.55

DSCR

$2,046

Rent

-$848

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$341k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,547

Downpayment

20%

$68,140

Closing costs

1%

$3,407

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,046

Total Expenses

$2,894

Mortgage P&I

84%

$1,713

Property Taxes

4%

$74

Home Insurance

6%

$124

HOA

0%

$0

Property Management

15%

$307

CapEx

4%

$82

Vacancy

0%

$0

Maintenance

4%

$82

Other

25%

$512

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Comparable Property

Rent

ADR

Beds

Baths

Distance

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3

2

1.49 mi

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2

2

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3

2

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2

2

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4

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2

1

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5

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2

1

0.9 mi

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5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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