REI Lense

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$3,498 (target)

6260 Bent Brook Dr, Bessemer, AL 35022

3 beds • 2 baths • 2164 sqft

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This property might be a fair Mid-Term investment with a projected 5.41% first-year return on $86,586 initial cash invested.

5.41%

Cash On Cash

7.99%

Cap Rate

1.32

DSCR

$3,498

Rent

$390

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,498 income − $3,108 expenses = $390 cash flow

Income$3,498Mortgage P&I$1,64447%Property Taxes$1103%Insurance$1223%HOA$421%Management$42012%CapEx$1404%Vacancy$1053%Maintenance$1404%Other$38511%Cash Flow$390

Investment Breakdown

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Purchase Price

$327k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,586

Downpayment

20%

$65,320

Closing costs

1%

$3,266

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,498

Total Expenses

$3,108

Mortgage P&I

47%

$1,644

Property Taxes

3%

$110

Home Insurance

3%

$122

HOA

1%

$42

Property Management

12%

$420

CapEx

4%

$140

Vacancy

3%

$105

Maintenance

4%

$140

Other

11%

$385

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