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$2,868 (target)

5816 Highgrove Cir, Bessemer, AL 35022

3 beds • 2 baths • 1750 sqft

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This property might be a fair Mid-Term investment with a projected 1.78% first-year return on $78,816 initial cash invested.

1.78%

Cash On Cash

7.18%

Cap Rate

1.15

DSCR

$2,868

Rent

$117

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,868 income − $2,751 expenses = $117 cash flow

Income$2,868Mortgage P&I$1,50052%Property Taxes$1475%Insurance$1024%HOA$271%Management$34412%CapEx$1154%Vacancy$863%Maintenance$1154%Other$31511%Cash Flow$117

Investment Breakdown

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Purchase Price

$290k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,816

Downpayment

20%

$57,920

Closing costs

1%

$2,896

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,868

Total Expenses

$2,751

Mortgage P&I

52%

$1,500

Property Taxes

5%

$147

Home Insurance

4%

$102

HOA

1%

$27

Property Management

12%

$344

CapEx

4%

$115

Vacancy

3%

$86

Maintenance

4%

$115

Other

11%

$315

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