3547 36th Ave

Meridian, MS 39307
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3 bd, 2 ba | 2,416 sqft | Built in 1965

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List Price
$99,500

Initial Investment

$26,028

Purchase Price

$94,000

Down Payment

25%

Rent

$1,000

Total Return

$33,815

Annualized Return

19.4%

Cap Rate

7.3%

Gross Yield

12.8%

Cash Flow

$1,197

Appreciation

5.3%
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Features

Occupancy

Occupied

Lease Start

02/01/2020

Lease End

01/31/2021

Lot Size

12,649

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$11,400

Expenses

-$3,492

Property Taxes

-$1,600

Loan Payments

-$5,110

Net Cash Flow

$1,197

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