3700 Sharon Ln

Bessemer, AL 35023
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3 bd, 3 ba | 1,574 sqft | Built in 1961

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Curb View
List Price
$140,000

Initial Investment

$35,356

Purchase Price

$126,000

Down Payment

25%

Rent

$1,050

Total Return

$60,161

Annualized Return

22.3%

Cap Rate

6.1%

Gross Yield

10%

Cash Flow

$280

Appreciation

8.2%
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Features

Occupancy

Occupied

Lease Start

06/30/2019

Lease End

06/30/2021

Lot Size

53,775

HOA

None

Flood Risk

Not Required

  • Built in equity
  • Within 15 minutes of Amazon Fulfillment Center
  • Tenant pays Electric, Garbage, Gas, Landscaping, PestControl, Water
  • Get more insight into this market here

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Annual Financial Highlights

Expected Rent

$11,970

Expenses

-$3,040

Property Taxes

-$1,800

Loan Payments

-$6,850

Net Cash Flow

$280

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