104 Magnolia Spgs
Florence, MS 39073
List Price
$388,000
Initial Investment
$105,730Purchase Price
$388,000
Down Payment
25%
Rent
$2,240
Total Return
$78,463
Annualized Return
11.1%
Cap Rate
4.5%
Gross Yield
6.9%
Cash Flow
-$4,522
Appreciation
4.8%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
87,120
HOA
$25/mo
Flood Risk
Not Required
GREAT NEW LISTING ON APPR. 2 ACRES WITH POND! You will love this amazing, move-in ready home in Magnolia Springs with neighborhood park, pavilion & playground! With appr. 2434 sq. ft., this split-plan, one-owner home has 3 bedrooms & 2.5 baths PLUS an office large enough to be a nursery or another bedroom (just no closet)! New architectural roof! Wood Floors! 10 Ft. ceilings! Screened in porch! Deck! Gas lanterns! Large foyer! Formal dining room! Huge greatroom with fireplace! Spacious kitchen with breakfast bar, breakfast room/keeping room, granite countertops, stainless appliances & refrigerator! Large laundry room! Meticulously landscaped yard! The winding driveway with parking pad enters the side-entry 2 car garage with storage room! The appr. ¾ acre pond is on the left side of the property bordered by cattails, cypress trees and more! You do not want to miss this one!
See more in Analysis
Pablo Pereyra
901 Realtor
MS Agent License #23667
Annual Financial Highlights
Expected Rent
$25,536Expenses
-$6,505Property Taxes
-$2,460Loan Payments
-$21,094Net Cash Flow
-$4,522See 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.
Similar Listings
Listing Courtesy of:Janice Guckert
Agent License B18935
Guckert Realty Group, LLC
Agent License B18935
Guckert Realty Group, LLC
Certified Agent Brokerage:Pablo Pereyra
901 Realtor
MS Brokerage License 23628
901 Realtor
MS Brokerage License 23628
SourceMLS United
MLS #4075879
Last Updated: 04/07/2024 05:04
MLS #4075879
Last Updated: 04/07/2024 05:04