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$2,260 (target)

212 12th St NE, Cullman, AL 35055

3 beds • 2 baths • 1492 sqft

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This property might be a fair Mid-Term investment with a projected 4.74% first-year return on $58,740 initial cash invested.

4.74%

Cash On Cash

8.62%

Cap Rate

1.3

DSCR

$2,260

Rent

$232

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,260 income − $2,028 expenses = $232 cash flow

Income$2,260Mortgage P&I$1,07247%Property Taxes$1185%Insurance$703%Management$27112%CapEx$904%Vacancy$683%Maintenance$904%Other$24911%Cash Flow$232

Investment Breakdown

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Purchase Price

$194k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,740

Downpayment

20%

$38,800

Closing costs

1%

$1,940

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,260

Total Expenses

$2,028

Mortgage P&I

47%

$1,072

Property Taxes

5%

$118

Home Insurance

3%

$70

HOA

0%

$0

Property Management

12%

$271

CapEx

4%

$90

Vacancy

3%

$68

Maintenance

4%

$90

Other

11%

$249

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