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$2,184 (target)

2919 Phelan Cir SE, Cullman, AL 35077

3 beds • 2 baths • 1514 sqft

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This property looks like a bad Mid-Term investment with a projected 0% first-year return on $67,371 initial cash invested.

0%

Cash On Cash

6.97%

Cap Rate

1.07

DSCR

$2,184

Rent

$0

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,184 income − $2,184 expenses = $0 cash flow

Income$2,184Mortgage P&I$1,27959%Property Taxes$794%Insurance$844%Management$26212%CapEx$874%Vacancy$663%Maintenance$874%Other$24011%

Investment Breakdown

|

Purchase Price

$235k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,371

Downpayment

20%

$47,020

Closing costs

1%

$2,351

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,184

Total Expenses

$2,184

Mortgage P&I

59%

$1,279

Property Taxes

4%

$79

Home Insurance

4%

$84

HOA

0%

$0

Property Management

12%

$262

CapEx

4%

$87

Vacancy

3%

$66

Maintenance

4%

$87

Other

11%

$240

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