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$2,620 (target)

3031 Lone Oak Rd, Bessemer, AL 35023

3 beds • 2 baths • 1921 sqft

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This property could be a profitable Mid-Term investment with a projected 14.68% first-year return on $53,700 initial cash invested.

14.68%

Cash On Cash

11.86%

Cap Rate

1.83

DSCR

$2,620

Rent

$657

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,620 income − $1,963 expenses = $657 cash flow

Income$2,620Mortgage P&I$91835%Property Taxes$944%Insurance$602%Management$31412%CapEx$1054%Vacancy$793%Maintenance$1054%Other$28811%Cash Flow$657

Investment Breakdown

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Purchase Price

$170k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,700

Downpayment

20%

$34,000

Closing costs

1%

$1,700

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,620

Total Expenses

$1,963

Mortgage P&I

35%

$918

Property Taxes

4%

$94

Home Insurance

2%

$60

HOA

0%

$0

Property Management

12%

$314

CapEx

4%

$105

Vacancy

3%

$79

Maintenance

4%

$105

Other

11%

$288

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