2056 Nixon Rd
Bessemer, AL 35022
List Price
$135,000
Initial Investment
$36,788Purchase Price
$135,000
Down Payment
25%
Rent
$930
Total Return
$61,494
Annualized Return
21.7%
Cap Rate
5.7%
Gross Yield
8.3%
Cash Flow
-$230
Appreciation
8.0%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
0
HOA
None
Flood Risk
Not Required
This is a very cute 3 bedroom 1 bath home that has been fully remodeled inside and freshly painted inside and out. The driveway is brand new with concrete. The home offers a large living room and dining room. Updated kitchen with appliances remaining and a stackable washer/dryer that will stay. The full bath has a new tile shower and new flooring. Most of the light fixtures have been replaced. All three bedrooms have a double closet for extra storage. The septic has been cleaned in December of 2023. This home is move in ready on a quiet street. Very convenient to I-459 and the brand new hospital being built. Don't miss out on this very nice remodeled home for the money.
See more in Analysis
Benjamin Hedden
Bham Realty
AL Agent License #000123781
Annual Financial Highlights
Expected Rent
$10,602Expenses
-$1,993Property Taxes
-$1,500Loan Payments
-$7,339Net Cash Flow
-$230See 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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SourceGreater Alabama MLS
MLS #21382298
Last Updated: 04/24/2024 00:04
MLS #21382298
Last Updated: 04/24/2024 00:04