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1804 SE Meadowbrook Dr, Cullman, AL 35055

3 beds • 3 baths • 2257 sqft

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This property looks like a bad Long-Term investment with a projected -15.59% first-year return on $88,200 initial cash invested.

-15.59%

Cash On Cash

3%

Cap Rate

0.5

DSCR

$1,660

Rent

-$1,146

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$420k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,200

Downpayment

20%

$84,000

Closing costs

1%

$4,200

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,660

Total Expenses

$2,806

Mortgage P&I

127%

$2,112

Property Taxes

6%

$102

Home Insurance

9%

$147

HOA

1%

$13

Property Management

10%

$166

CapEx

5%

$83

Vacancy

6%

$100

Maintenance

5%

$83

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

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2

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1.3 mi

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2

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0.9 mi

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4

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0.6 mi

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2

1

2020

0.9 mi

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$2,850

5

4

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0.6 mi

1255 S Forest Knoll St

$1,100

2

1

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0.9 mi

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$2,850

5

4

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