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$2,750 (target)

1611 Hartwig Ln SW, Cullman, AL 35055

3 beds • 2 baths • 1747 sqft

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This property looks like a bad Mid-Term investment with a projected -1.27% first-year return on $88,497 initial cash invested.

-1.27%

Cash On Cash

6.1%

Cap Rate

1.01

DSCR

$2,750

Rent

-$94

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,750 income − $2,844 expenses = $94 out of pocket

Income$2,750Out of Pocket$94Mortgage P&I$1,69161%Property Taxes$933%Insurance$1265%Management$33012%CapEx$1104%Vacancy$823%Maintenance$1104%Other$30211%

Investment Breakdown

|

Purchase Price

$336k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,497

Downpayment

20%

$67,140

Closing costs

1%

$3,357

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,750

Total Expenses

$2,844

Mortgage P&I

61%

$1,691

Property Taxes

3%

$93

Home Insurance

5%

$126

HOA

0%

$0

Property Management

12%

$330

CapEx

4%

$110

Vacancy

3%

$82

Maintenance

4%

$110

Other

11%

$302

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