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5457 Virginia Way, Bessemer, AL 35022

3 beds • 2 baths • 1936 sqft

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This property looks like a bad Long-Term investment with a projected -7.33% first-year return on $66,822 initial cash invested.

-7.33%

Cash On Cash

4.63%

Cap Rate

0.8

DSCR

$1,920

Rent

-$408

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$318k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,822

Downpayment

20%

$63,640

Closing costs

1%

$3,182

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,920

Total Expenses

$2,328

Mortgage P&I

80%

$1,539

Property Taxes

9%

$167

Home Insurance

6%

$110

HOA

1%

$13

Property Management

10%

$192

CapEx

5%

$96

Vacancy

6%

$115

Maintenance

5%

$96

Other

0%

$0

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Comparable Property

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5440 Virginia Way, Bessemer, AL 35022

$2,085

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2

1957

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5460 Virginia Way, Bessemer, AL 35022

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3

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0.6 mi

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2

1

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5

4

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0.6 mi

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$1,100

2

1

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0.9 mi

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$2,850

5

4

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0.6 mi

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