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1377 County Road 438, Cullman, AL 35057

4 beds • 4 baths • 4407 sqft

$1,420,000

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This property looks like a bad Long-Term investment with a projected -25.05% first-year return on $298k initial cash invested.

-25.05%

Cash On Cash

0.82%

Cap Rate

0.14

DSCR

$2,050

Rent

-$6,224

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1420k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$298k

Downpayment

20%

$284k

Closing costs

1%

$14,200

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,050

Total Expenses

$8,274

Mortgage P&I

346%

$7,087

Property Taxes

8%

$158

Home Insurance

24%

$497

HOA

0%

$0

Property Management

10%

$205

CapEx

5%

$102

Vacancy

6%

$123

Maintenance

5%

$102

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

161 County Rd, 1531, Vinemont, AL 35179

$3,000

4

4

3830

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3340 County Rd, 818, Logan, AL 35098

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3

3.5

4200

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1510 Heritage Cir SE, Cullman, AL 35055

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4

2

7.6 mi

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4

2.5

1906

5 mi

104 W Rancho Del Cerro

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4

2

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1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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