308 Bells Camp Rd

Adger, AL 35006
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2 bd, 1 ba | 1,432 sqft | Built in 1960

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List Price
$69,900

$5K

Initial Investment

$19,048

Purchase Price

$69,900

Down Payment

25%

Rent

$1,400

Total Return

$57,396

Annualized Return

43.9%

Cap Rate

15.1%

Gross Yield

24.0%

Cash Flow

$5,816

Appreciation

6.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

0

HOA

None

Flood Risk

Not Required

Get ready for summer! Beautiful view 2-bedroom 1 bath with access to boat launch, swimming and pier. Sunroom, large eat in kitchen, walk in closets, pantry, large level lot, new dishwasher. This property has its own area for a boat house just down the road. Property on leased land with Minor Leasing.

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

Annual Financial Highlights

Expected Rent

$15,960

Expenses

-$5,494

Property Taxes

-$850

Loan Payments

-$3,800

Net Cash Flow

$5,816

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:Tina Marie Harris
Keller Williams Metro South
Certified Agent Brokerage:Benjamin Hedden
Bham Realty
AL Brokerage License 000136617
SourceGreater Alabama MLS
MLS #21382607
Last Updated: 04/29/2024 18:04
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