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$2,074 (target)

172 County Road 699, Cullman, AL 35055

3 beds • 2 baths • 1040 sqft

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This property might be a fair Mid-Term investment with a projected 5.67% first-year return on $56,262 initial cash invested.

5.67%

Cash On Cash

8.88%

Cap Rate

1.35

DSCR

$2,074

Rent

$266

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,074 income − $1,808 expenses = $266 cash flow

Income$2,074Mortgage P&I$1,00048%Property Taxes$231%Insurance$804%Management$24912%CapEx$834%Vacancy$623%Maintenance$834%Other$22811%Cash Flow$266

Investment Breakdown

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Purchase Price

$182k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,262

Downpayment

20%

$36,440

Closing costs

1%

$1,822

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,074

Total Expenses

$1,808

Mortgage P&I

48%

$1,000

Property Taxes

1%

$23

Home Insurance

4%

$80

HOA

0%

$0

Property Management

12%

$249

CapEx

4%

$83

Vacancy

3%

$62

Maintenance

4%

$83

Other

11%

$228

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