REI Lense

REI Lense

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$1,566 (target)

3026 Galaxy Dr, Bessemer, AL 35023

3 beds • 2 baths • 1498 sqft

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This property looks like a bad Long-Term investment with a projected -3.68% first-year return on $44,016 initial cash invested.

-3.68%

Cash On Cash

6.12%

Cap Rate

0.95

DSCR

$1,566

Rent

-$135

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$210k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,016

Downpayment

20%

$41,920

Closing costs

1%

$2,096

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,566

Total Expenses

$1,701

Mortgage P&I

72%

$1,126

Property Taxes

6%

$88

Home Insurance

5%

$80

HOA

0%

$0

Property Management

10%

$157

CapEx

5%

$78

Vacancy

6%

$94

Maintenance

5%

$78

Other

0%

$0

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