REI Lense

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$2,288 (target)

618 Oak Dr NE, Cullman, AL 35055

3 beds • 2 baths • 1566 sqft

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This property looks like a bad Mid-Term investment with a projected -0.54% first-year return on $76,254 initial cash invested.

-0.54%

Cash On Cash

6.19%

Cap Rate

1.04

DSCR

$2,288

Rent

-$34

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,288 income − $2,322 expenses = $34 out of pocket

Income$2,288Out of Pocket$34Mortgage P&I$1,37460%Property Taxes$663%Insurance$1024%Management$27512%CapEx$924%Vacancy$693%Maintenance$924%Other$25211%

Investment Breakdown

|

Purchase Price

$277k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,254

Downpayment

20%

$55,480

Closing costs

1%

$2,774

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,288

Total Expenses

$2,322

Mortgage P&I

60%

$1,374

Property Taxes

3%

$66

Home Insurance

4%

$102

HOA

0%

$0

Property Management

12%

$275

CapEx

4%

$92

Vacancy

3%

$69

Maintenance

4%

$92

Other

11%

$252

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