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$2,331 (target)

2316 Hillview Rd, Bessemer, AL 35022

3 beds • 2 baths • 1447 sqft

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This property could be a profitable Mid-Term investment with a projected 16.81% first-year return on $47,400 initial cash invested.

16.81%

Cash On Cash

12.96%

Cap Rate

2

DSCR

$2,331

Rent

$664

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,331 income − $1,667 expenses = $664 cash flow

Income$2,331Mortgage P&I$75532%Property Taxes$713%Insurance$492%Management$28012%CapEx$934%Vacancy$703%Maintenance$934%Other$25611%Cash Flow$664

Investment Breakdown

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Purchase Price

$140k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,400

Downpayment

20%

$28,000

Closing costs

1%

$1,400

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$2,331

Total Expenses

$1,667

Mortgage P&I

32%

$755

Property Taxes

3%

$71

Home Insurance

2%

$49

HOA

0%

$0

Property Management

12%

$280

CapEx

4%

$93

Vacancy

3%

$70

Maintenance

4%

$93

Other

11%

$256

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