REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

118 Highland Dr, Bessemer, AL 35023

3 beds • 2 baths • 1440 sqft

Email

This property looks like a bad Mid-Term investment with a projected -2.41% first-year return on $63,171 initial cash invested.

-2.41%

Cash On Cash

6.04%

Cap Rate

0.95

DSCR

$1,862

Rent

-$127

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$215k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,171

Downpayment

20%

$43,020

Closing costs

1%

$2,151

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$1,862

Total Expenses

$1,989

Mortgage P&I

61%

$1,136

Property Taxes

8%

$144

Home Insurance

4%

$77

HOA

0%

$0

Property Management

12%

$223

CapEx

4%

$74

Vacancy

3%

$56

Maintenance

4%

$74

Other

11%

$205

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis