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1091 Day Gap Rd, Cullman, AL 35057

3 beds • 3 baths • 3389 sqft

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This property looks like a bad Airbnb investment with a projected -7.14% first-year return on $104k initial cash invested.

-7.14%

Cash On Cash

4.34%

Cap Rate

0.75

DSCR

$3,021

Rent

-$617

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$408k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$104k

Downpayment

20%

$81,600

Closing costs

1%

$4,080

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,021

Total Expenses

$3,638

Mortgage P&I

65%

$1,973

Property Taxes

2%

$72

Home Insurance

5%

$143

HOA

0%

$0

Property Management

15%

$453

CapEx

4%

$121

Vacancy

0%

$0

Maintenance

4%

$121

Other

25%

$755

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Comparable Property

Rent

ADR

Beds

Baths

Distance

Cullman Side | Mins to Omniplex+Smith Lake Park

$4,322

$290

3

2

3.68 mi

Enjoy the lake while still close to all Cullman has to offer!

$4,322

$290

3

2.5

3.78 mi

Retreat near Smith Lake Park

$2,116

$142

3

3

3.2 mi

Close to Cullman | BIG Monthly Discount Rate

$3,801

$255

3

2

3.6 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 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

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

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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