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$2,320 (target)

310 S Pkwy, Bessemer, AL 35023

3 beds • 3 baths • 2330 sqft

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This property might be a fair Mid-Term investment with a projected 7.48% first-year return on $57,585 initial cash invested.

7.48%

Cash On Cash

9.31%

Cap Rate

1.45

DSCR

$2,320

Rent

$359

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,320 income − $1,961 expenses = $359 cash flow

Income$2,320Mortgage P&I$1,01044%Property Taxes$964%Insurance$663%Management$27812%CapEx$934%Vacancy$703%Maintenance$934%Other$25511%Cash Flow$359

Investment Breakdown

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Purchase Price

$189k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,585

Downpayment

20%

$37,700

Closing costs

1%

$1,885

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,320

Total Expenses

$1,961

Mortgage P&I

44%

$1,010

Property Taxes

4%

$96

Home Insurance

3%

$66

HOA

0%

$0

Property Management

12%

$278

CapEx

4%

$93

Vacancy

3%

$70

Maintenance

4%

$93

Other

11%

$255

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