REI Lense

REI Lense

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$2,332 (target)

6260 Bent Brook Dr, Bessemer, AL 35022

3 beds • 2 baths • 2164 sqft

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This property looks like a bad Long-Term investment with a projected -3.38% first-year return on $68,586 initial cash invested.

-3.38%

Cash On Cash

5.76%

Cap Rate

0.95

DSCR

$2,332

Rent

-$193

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,332 income − $2,525 expenses = $193 out of pocket

Income$2,332Out of Pocket$193Mortgage P&I$1,64470%Property Taxes$1105%Insurance$1225%HOA$422%Management$23310%CapEx$1175%Vacancy$1406%Maintenance$1175%

Investment Breakdown

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Purchase Price

$327k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,586

Downpayment

20%

$65,320

Closing costs

1%

$3,266

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,332

Total Expenses

$2,525

Mortgage P&I

71%

$1,644

Property Taxes

5%

$110

Home Insurance

5%

$122

HOA

2%

$42

Property Management

10%

$233

CapEx

5%

$117

Vacancy

6%

$140

Maintenance

5%

$117

Other

0%

$0

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