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$1,518 (target)

1715 16th Way N, Bessemer, AL 35020

3 beds • 2 baths • 855 sqft

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This property could be a profitable Mid-Term investment with a projected 10.16% first-year return on $40,869 initial cash invested.

10.16%

Cash On Cash

10.63%

Cap Rate

1.73

DSCR

$1,518

Rent

$346

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,518 income − $1,172 expenses = $346 cash flow

Income$1,518Mortgage P&I$55837%Property Taxes$574%Insurance$403%Management$18212%CapEx$614%Vacancy$463%Maintenance$614%Other$16711%Cash Flow$346

Investment Breakdown

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Purchase Price

$109k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$40,869

Downpayment

20%

$21,780

Closing costs

1%

$1,089

Rehab

0%

$0

Furnishing

17%

$18,000

Cashflow

Total Income

$1,518

Total Expenses

$1,172

Mortgage P&I

37%

$558

Property Taxes

4%

$57

Home Insurance

3%

$40

HOA

0%

$0

Property Management

12%

$182

CapEx

4%

$61

Vacancy

3%

$46

Maintenance

4%

$61

Other

11%

$167

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