7257 Barley Dr
Ocean Springs, MS 39564
List Price
$390,000
Initial Investment
$106,275Purchase Price
$390,000
Down Payment
25%
Rent
$2,290
Total Return
$68,674
Annualized Return
9.9%
Cap Rate
4.3%
Gross Yield
7.0%
Cash Flow
-$4,736
Appreciation
4.4%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
10,454
HOA
$23/mo
Flood Risk
Not Required
Welcome to coastal luxury living in Ocean Springs, MS! This 4-bedroom, 3.5-bathroom home offers a seamless blend of modern elegance and comfort. Inside, an open floor plan flows effortlessly from spacious living areas to a gourmet kitchen equipped with top-of-the-line appliances. Retreat to the master suite oasis with a spa-like ensuite, while three additional bedrooms ensure versatility for guests or family. Smart home technology adds convenience, and outside, a landscaped yard and 3-car garage complete the picture. Nestled within the A-rated Ocean Springs School District, and surrounded by the city's vibrant community, events, dining, and coastal charm, this home epitomizes coastal living at its finest. Don't miss out—schedule your showing today!
See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc. (Christopher Stjernholm - MS)
Agent License #2020040993
Annual Financial Highlights
Expected Rent
$26,106Expenses
-$6,689Property Taxes
-$2,950Loan Payments
-$21,202Net Cash Flow
-$4,736See more in Financials
Property Characteristics
Buyer's Agent
An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
- You can contact your Agent with questions even before making an offer.
- A professional home inspection will be conducted prior to closing. This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor. As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.
Property Management
Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
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Last Updated: 04/22/2024 16:04
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Last Updated: 04/22/2024 16:04