REI Lense

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$1,949 (target)

4714 Longmeadow Dr, Bessemer, AL 35022

3 beds • 2 baths • 1368 sqft

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This property looks like a bad Long-Term investment with a projected -2.95% first-year return on $51,618 initial cash invested.

-2.95%

Cash On Cash

6.43%

Cap Rate

0.98

DSCR

$1,949

Rent

-$127

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,949 income − $2,076 expenses = $127 out of pocket

Income$1,949Out of Pocket$127Mortgage P&I$1,34769%Property Taxes$955%Insurance$885%HOA$402%Management$19510%CapEx$975%Vacancy$1176%Maintenance$975%

Investment Breakdown

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Purchase Price

$246k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,618

Downpayment

20%

$49,160

Closing costs

1%

$2,458

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,949

Total Expenses

$2,076

Mortgage P&I

69%

$1,347

Property Taxes

5%

$95

Home Insurance

5%

$88

HOA

2%

$40

Property Management

10%

$195

CapEx

5%

$97

Vacancy

6%

$117

Maintenance

5%

$97

Other

0%

$0

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