REI Lense

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$2,930 (target)

6293 S Clubview Cir, Bessemer, AL 35022

3 beds • 3 baths • 2220 sqft

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This property looks like a bad Mid-Term investment with a projected -1.73% first-year return on $85,389 initial cash invested.

-1.73%

Cash On Cash

6.21%

Cap Rate

1

DSCR

$2,930

Rent

-$123

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,930 income − $3,053 expenses = $123 out of pocket

Income$2,930Out of Pocket$123Mortgage P&I$1,66657%Property Taxes$2378%Insurance$1144%HOA$401%Management$35212%CapEx$1174%Vacancy$883%Maintenance$1174%Other$32211%

Investment Breakdown

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Purchase Price

$321k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,389

Downpayment

20%

$64,180

Closing costs

1%

$3,209

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,930

Total Expenses

$3,053

Mortgage P&I

57%

$1,666

Property Taxes

8%

$237

Home Insurance

4%

$114

HOA

1%

$40

Property Management

12%

$352

CapEx

4%

$117

Vacancy

3%

$88

Maintenance

4%

$117

Other

11%

$322

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