207 Short McAdory Ave

Bessemer, AL 35020
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3 bd, 2 ba | 1,312 sqft | Built in 1940

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List Price
$114,900

Initial Investment

$31,310

Purchase Price

$114,900

Down Payment

25%

Rent

$1,290

Total Return

$62,556

Annualized Return

28.3%

Cap Rate

9.3%

Gross Yield

13.5%

Cash Flow

$3,737

Appreciation

6.6%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

0

HOA

None

Flood Risk

Not Required

Charming move in ready 3 bedroom, 2 bath home located on level lot located just 1 block from Jonesboro Elementary. Split bedroom plan, living room, dining room, eat in kitchen. All new flooring in kitchen, master bedroom, master bath, laundry room & hall bath. Hardwood floors everywhere else. New interior paint, roof 5 years old, HVAC & water heater 7 years old. Large detached garage with new metal roof. Open deck overlooking level backyard. Convenient to local schools, shopping and major interstates. CHECK THIS ONE OUT!

See more in Analysis
Benjamin Hedden
Bham Realty
AL Agent License #000123781

Annual Financial Highlights

Expected Rent

$14,706

Expenses

-$3,422

Property Taxes

-$1,300

Loan Payments

-$6,247

Net Cash Flow

$3,737

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Kete Cannon
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Certified Agent Brokerage:Benjamin Hedden
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AL Brokerage License 000136617
SourceGreater Alabama MLS
MLS #21403454
Last Updated: 11/22/2024 03:11
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