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411 9th Ave SE, Cullman, AL 35055

2 beds • 2 baths • 1251 sqft

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This property looks like a bad Long-Term investment with a projected -15.66% first-year return on $71,400 initial cash invested.

-15.66%

Cash On Cash

2.98%

Cap Rate

0.49

DSCR

$1,330

Rent

-$932

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$340k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,400

Downpayment

20%

$68,000

Closing costs

1%

$3,400

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,330

Total Expenses

$2,262

Mortgage P&I

129%

$1,710

Property Taxes

7%

$88

Home Insurance

9%

$119

HOA

0%

$0

Property Management

10%

$133

CapEx

5%

$66

Vacancy

6%

$80

Maintenance

5%

$66

Other

0%

$0

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Comparable Property

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Beds

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SQFT

Distance

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0.9 mi

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5

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2

1

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$2,850

5

4

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0.6 mi

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$1,100

2

1

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0.9 mi

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$2,850

5

4

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0.6 mi

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