REI Lense

REI Lense

Unlock all features! Tap here to upgrade

242 County Road 307, Cullman, AL 35057

3 beds • 2 baths • 1163 sqft

Email

This property looks like a bad Airbnb investment with a projected -13.83% first-year return on $115k initial cash invested.

-13.83%

Cash On Cash

2.81%

Cap Rate

0.47

DSCR

$2,374

Rent

-$1,321

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,374 income − $3,695 expenses = $1,321 out of pocket

Income$2,374Out of Pocket$1,321Mortgage P&I$2,30397%Property Taxes$914%Insurance$1617%Management$35615%CapEx$954%Maintenance$954%Other$59425%

Investment Breakdown

|

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

$2,374

Total Expenses

$3,695

Mortgage P&I

97%

$2,303

Property Taxes

4%

$91

Home Insurance

7%

$161

HOA

0%

$0

Property Management

15%

$356

CapEx

4%

$95

Vacancy

0%

$0

Maintenance

4%

$95

Other

25%

$594

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis