8128 Park Pike Dr
Southaven, MS 38671
List Price
$155,000
Initial Investment
$42,238Purchase Price
$155,000
Down Payment
25%
Rent
$1,320
Total Return
$94,120
Annualized Return
27.4%
Cap Rate
6.5%
Gross Yield
10.2%
Cash Flow
$1,258
Appreciation
9.5%
Reset to DefaultEdit Assumptions
Features
Occupancy
Month To Month
Lease Start
05/29/2018
Lease End
M/M
Lot Size
9,580
HOA
None
Flood Risk
Not Required
- No immediate repair costs
- Attractive 3 bed 2 bath built in 2013 in 4-star neighborhood
- New lease through 7/31/21
- Additional pet fee of $25
- Close to parks, fire station, schools, and churches
- Seller recently made repairs on home, view inspection documents for more info
- Get more insight into this market here
See more in Analysis
Annual Financial Highlights
Expected Rent
$15,048Expenses
-$3,063Property Taxes
-$2,300Loan Payments
-$8,427Net Cash Flow
$1,258See more in Financials
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