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$2,200 (target)

704 Avenue C SE, Cullman, AL 35055

3 beds • 2 baths • 1260 sqft

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This property might be a fair Mid-Term investment with a projected 2.16% first-year return on $61,722 initial cash invested.

2.16%

Cash On Cash

7.65%

Cap Rate

1.18

DSCR

$2,200

Rent

$111

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,200 income − $2,089 expenses = $111 cash flow

Income$2,200Mortgage P&I$1,12951%Property Taxes$1246%Insurance$884%Management$26412%CapEx$884%Vacancy$663%Maintenance$884%Other$24211%Cash Flow$111

Investment Breakdown

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Purchase Price

$208k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,722

Downpayment

20%

$41,640

Closing costs

1%

$2,082

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,200

Total Expenses

$2,089

Mortgage P&I

51%

$1,129

Property Taxes

6%

$124

Home Insurance

4%

$88

HOA

0%

$0

Property Management

12%

$264

CapEx

4%

$88

Vacancy

3%

$66

Maintenance

4%

$88

Other

11%

$242

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