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$1,833 (target)

1611 Hartwig Ln SW, Cullman, AL 35055

3 beds • 2 baths • 1747 sqft

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This property looks like a bad Long-Term investment with a projected -9.43% first-year return on $70,497 initial cash invested.

-9.43%

Cash On Cash

4.39%

Cap Rate

0.73

DSCR

$1,833

Rent

-$554

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,833 income − $2,387 expenses = $554 out of pocket

Income$1,833Out of Pocket$554Mortgage P&I$1,69192%Property Taxes$935%Insurance$1267%Management$18310%CapEx$925%Vacancy$1106%Maintenance$925%

Investment Breakdown

|

Purchase Price

$336k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,497

Downpayment

20%

$67,140

Closing costs

1%

$3,357

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,833

Total Expenses

$2,387

Mortgage P&I

92%

$1,691

Property Taxes

5%

$93

Home Insurance

7%

$126

HOA

0%

$0

Property Management

10%

$183

CapEx

5%

$92

Vacancy

6%

$110

Maintenance

5%

$92

Other

0%

$0

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