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242 County Road 307, Cullman, AL 35057

3 beds • 2 baths • 1163 sqft

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This property looks like a bad Airbnb investment with a projected -13.75% first-year return on $115k initial cash invested.

-13.75%

Cash On Cash

2.83%

Cap Rate

0.47

DSCR

$2,386

Rent

-$1,313

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,386 income − $3,699 expenses = $1,313 out of pocket

Income$2,386Out of Pocket$1,313Mortgage P&I$2,30397%Property Taxes$914%Insurance$1617%Management$35815%CapEx$954%Maintenance$954%Other$59625%

Investment Breakdown

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Purchase Price

$460k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$115k

Downpayment

20%

$92,000

Closing costs

1%

$4,600

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,386

Total Expenses

$3,699

Mortgage P&I

97%

$2,303

Property Taxes

4%

$91

Home Insurance

7%

$161

HOA

0%

$0

Property Management

15%

$358

CapEx

4%

$95

Vacancy

0%

$0

Maintenance

4%

$95

Other

25%

$596

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