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$2,400 (target)

3319 Crescent Dr, Bessemer, AL 35023

3 beds • 2 baths • 3060 sqft

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This property might be a fair Mid-Term investment with a projected 1.22% first-year return on $68,988 initial cash invested.

1.22%

Cash On Cash

7.37%

Cap Rate

1.13

DSCR

$2,400

Rent

$70

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,400 income − $2,330 expenses = $70 cash flow

Income$2,400Mortgage P&I$1,32555%Property Taxes$1014%Insurance$884%Management$28812%CapEx$964%Vacancy$723%Maintenance$964%Other$26411%Cash Flow$70

Investment Breakdown

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Purchase Price

$243k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,988

Downpayment

20%

$48,560

Closing costs

1%

$2,428

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,400

Total Expenses

$2,330

Mortgage P&I

55%

$1,325

Property Taxes

4%

$101

Home Insurance

4%

$88

HOA

0%

$0

Property Management

12%

$288

CapEx

4%

$96

Vacancy

3%

$72

Maintenance

4%

$96

Other

11%

$264

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