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2113 Wren Ave SW, Cullman, AL 35055

3 beds • 2 baths • 2264 sqft

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This property looks like a bad Airbnb investment with a projected -7.75% first-year return on $89,946 initial cash invested.

-7.75%

Cash On Cash

4.23%

Cap Rate

0.71

DSCR

$2,473

Rent

-$581

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$343k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,946

Downpayment

20%

$68,520

Closing costs

1%

$3,426

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,473

Total Expenses

$3,054

Mortgage P&I

68%

$1,690

Property Taxes

2%

$55

Home Insurance

5%

$122

HOA

0%

$0

Property Management

15%

$371

CapEx

4%

$99

Vacancy

0%

$0

Maintenance

4%

$99

Other

25%

$618

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