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$3,585 (target)

1668 County Road 1148, Cullman, AL 35057

3 beds • 2 baths • 1932 sqft

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This property might be a fair Mid-Term investment with a projected 6.01% first-year return on $89,190 initial cash invested.

6.01%

Cash On Cash

8.08%

Cap Rate

1.35

DSCR

$3,585

Rent

$447

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,585 income − $3,138 expenses = $447 cash flow

Income$3,585Mortgage P&I$1,69447%Property Taxes$1073%Insurance$1193%Management$43012%CapEx$1434%Vacancy$1083%Maintenance$1434%Other$39411%Cash Flow$447

Investment Breakdown

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Purchase Price

$339k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,190

Downpayment

20%

$67,800

Closing costs

1%

$3,390

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,585

Total Expenses

$3,138

Mortgage P&I

47%

$1,694

Property Taxes

3%

$107

Home Insurance

3%

$119

HOA

0%

$0

Property Management

12%

$430

CapEx

4%

$143

Vacancy

3%

$108

Maintenance

4%

$143

Other

11%

$394

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