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200 County Road 1700, Cullman, AL 35058

3 beds • 2 baths • 1592 sqft

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This property looks like a bad Long-Term investment with a projected -8.61% first-year return on $55,776 initial cash invested.

-8.61%

Cash On Cash

4.61%

Cap Rate

0.76

DSCR

$1,450

Rent

-$400

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$266k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,776

Downpayment

20%

$53,120

Closing costs

1%

$2,656

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,450

Total Expenses

$1,850

Mortgage P&I

93%

$1,348

Property Taxes

3%

$38

Home Insurance

6%

$88

HOA

0%

$0

Property Management

10%

$145

CapEx

5%

$72

Vacancy

6%

$87

Maintenance

5%

$72

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

90 County Rd, 1702 Lot 76, Cullman, AL 35058

$1,275

3

2

1613

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70 County Rd, 1701, Cullman, AL 35058

$1,495

3

2

1613

0.1 mi

60 County Rd, 1700, Cullman, AL 35058

$1,395

3

2

1613

0.1 mi

90 County Rd, 1701, Cullman, AL 35058

$1,495

3

2

1613

0.1 mi

104 W Rancho Del Cerro

$2,500

4

2

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1.3 mi

1255 S Forest Knoll St

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2

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0.9 mi

2022 S American St

$2,850

5

4

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0.6 mi

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$1,100

2

1

2020

0.9 mi

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$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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