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1320 22nd Ave N, Bessemer, AL 35020

3 beds • 1 baths • 1107 sqft

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This property could be a profitable Long-Term investment with a projected 14.69% first-year return on $19,929 initial cash invested.

14.69%

Cash On Cash

9.76%

Cap Rate

1.63

DSCR

$1,080

Rent

$244

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$94,900

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$19,929

Downpayment

20%

$18,980

Closing costs

1%

$949

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,080

Total Expenses

$836

Mortgage P&I

44%

$474

Property Taxes

4%

$48

Home Insurance

3%

$33

HOA

0%

$0

Property Management

10%

$108

CapEx

5%

$54

Vacancy

6%

$65

Maintenance

5%

$54

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

1208 N 26th Ave, Hueytown, AL 35023

$1,235

3

1

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1608 15th Ave N, Bessemer, AL 35020

$1,150

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1

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0.8 mi

1926 Long 12th St, Bessemer, AL 35020

$1,155

3

1

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0.4 mi

1814 27th Ave N, Hueytown, AL 35023

$1,125

3

1

1113

0.8 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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