REI Lense

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$2,624 (target)

1718 Bradford Ln, Bessemer, AL 35022

3 beds • 2 baths • 1368 sqft

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This property might be a fair Mid-Term investment with a projected 2.99% first-year return on $73,839 initial cash invested.

2.99%

Cash On Cash

7.41%

Cap Rate

1.21

DSCR

$2,624

Rent

$184

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,624 income − $2,440 expenses = $184 cash flow

Income$2,624Mortgage P&I$1,35252%Property Taxes$883%Insurance$944%HOA$13Management$31512%CapEx$1054%Vacancy$793%Maintenance$1054%Other$28911%Cash Flow$184

Investment Breakdown

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Purchase Price

$266k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,839

Downpayment

20%

$53,180

Closing costs

1%

$2,659

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,624

Total Expenses

$2,440

Mortgage P&I

52%

$1,352

Property Taxes

3%

$88

Home Insurance

4%

$94

HOA

1%

$13

Property Management

12%

$315

CapEx

4%

$105

Vacancy

3%

$79

Maintenance

4%

$105

Other

11%

$289

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