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1620 Convent Rd NE, Cullman, AL 35055

3 beds • 2 baths • 1859 sqft

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This property looks like a bad Long-Term investment with a projected -2.41% first-year return on $52,269 initial cash invested.

-2.41%

Cash On Cash

5.76%

Cap Rate

0.98

DSCR

$1,677

Rent

-$105

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$249k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,269

Downpayment

20%

$49,780

Closing costs

1%

$2,489

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,677

Total Expenses

$1,782

Mortgage P&I

72%

$1,215

Property Taxes

2%

$41

Home Insurance

5%

$89

HOA

0%

$0

Property Management

10%

$168

CapEx

5%

$84

Vacancy

6%

$101

Maintenance

5%

$84

Other

0%

$0

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