1716 Exeter Ave, Bessemer, AL

$143,500

Rent Rate: $1,225 | 9.31% ROI (leveraged)
4 Beds 2 Baths 2,088 Sq Ft Garage/Carport: N/A
Built in 1920 Lot Size: ~.23 Acres Basement: N/A Plumbing: Sewer
Projected Completion Date: 3/31/2025

Property Calculations

  • Purchase Price: $143,500
  • Rent Range: $1175-$1275
  • Rent Used In Calculations: $1,225
  • Annual Taxes: $1,975
  • Annual Insurance: $907
  • HOA Fees: 0
  • Property Management Fees: 9%
  • Annual Net Income (cash): $10,495
  • Annual Net Income (finance 20% 30yr): $2,673

Leveraged Cash-on-Cash

  • 1 Year: $2,673.14
  • 5 Year: $4,064.81
  • 15 Year: $8,152.83

Cap Rate

  • 1 Year: 7.31%
  • 5 Year: 8.23%
  • 15 Year: 11.06%

Capital Appreciation

  • 10 Year: $43,050
  • 20 Year: $86,100
  • 30 Year: $129,150

Reserve Now

1Contract Details
2Your Information
3Payment

Purchase Details

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1031 Exchange

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Inspections

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Will you require a wood infestation report prior to closing?(Required)
If the property has a septic tank, will you require a septic inspection prior to closing?(Required)

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