8188 Hopewell Rd

Bessemer, AL 35022
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3 bd, 2 ba | 1,932 sqft | Built in 1962

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List Price
$289,900

Initial Investment

$78,998

Purchase Price

$289,900

Down Payment

25%

Rent

$1,450

Total Return

$109,074

Annualized Return

17.7%

Cap Rate

4.0%

Gross Yield

6.0%

Cash Flow

-$4,823

Appreciation

8.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

19,602

HOA

None

Flood Risk

Not Required

Welcome to this stunning fully renovated 3 bedroom, 2 full bathroom, single level home featuring the most modern and updated fixtures. Conveniently located just 3 1/2 miles from Interstate 459, this move in ready property showcases an extra spacious kitchen equipped with all brand new appliances, an abundance of cabinets, a large island and ample counter space. Step into the bright and inviting sunroom where walls of windows fill the space with natural light, perfect for your morning coffee while overlooking the quiet nature of your own oasis. This open concept floor plan showcases high-end finishes throughout with meticulous attention to detail at each turn. Outside you will find a detached 2 car garage with a fully equipped workshop. A separate storage building provides additional space, and the beautiful .45 acre lot includes a gazebo that overlooks a flat yard, offering a serene space for relaxation. This home blends modern living with convenience & charm. Schedule your tour today!

See more in Analysis
Ben Preston
LAH Real Estate
AL Agent License #840-10

Annual Financial Highlights

Expected Rent

$16,530

Expenses

-$2,942

Property Taxes

-$2,650

Loan Payments

-$15,760

Net Cash Flow

-$4,823

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:April Herring
ARC Realty - Hoover
Certified Agent Brokerage:Ben Preston
LAH Real Estate
AL Brokerage License 100333-0
SourceGreater Alabama MLS
MLS #21401519
Last Updated: 11/07/2024 23:11
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