358 Reed Ave

Jackson, MS 39206
image0

3 bd, 1 ba | 1,100 sqft | Built in 1956

slider image
slider image
slider image
List Price
$115,900

Initial Investment

$31,583

Purchase Price

$115,900

Down Payment

25%

Rent

$1,020

Total Return

$31,419

Annualized Return

15.5%

Cap Rate

6.7%

Gross Yield

10.6%

Cash Flow

$878

Appreciation

4.2%
refreshReset to Default
Edit Assumptions
Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

14,810

HOA

None

Flood Risk

Not Required

Come and view this remodel 3br/1 ba home with breakfast area, formal dining room, New Paint & New Vinyl wood flooring (NO Carpets!), & New fixtures. 1 car carport with HUGE back yard! Great price in a great area, call your realtor now!

See more in Analysis
Pablo Pereyra
901 Realtor
MS Agent License #23667

Annual Financial Highlights

Expected Rent

$11,628

Expenses

-$2,969

Property Taxes

-$1,480

Loan Payments

-$6,301

Net Cash Flow

$878

See 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:Dee Kommany
Agent License B18951
Kommany Group LLC
Certified Agent Brokerage:Pablo Pereyra
901 Realtor
MS Brokerage License 23628
SourceMLS United
MLS #4076808
Last Updated: 04/22/2024 20:04
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.