111 Linwood Dr

Brandon, MS 39042
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3 bd, 2 ba | 2,185 sqft | Built in 1999

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List Price
$297,750

Initial Investment

$81,137

Purchase Price

$297,750

Down Payment

25%

Rent

$2,060

Total Return

$72,981

Annualized Return

13.5%

Cap Rate

5.4%

Gross Yield

8.3%

Cash Flow

-$1,052

Appreciation

4.8%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

0

HOA

None

Flood Risk

Not Required

Welcome home to 111 Linwood Drive in beautiful Eastgates Subdivision of Brandon! Nestled on a quiet street, the brick sidewalk leads you to the stunning front porch that is perfect for relaxing on while you visit with your wonderful neighbors. Once inside, the hardwood floors, custom built-ins and natural light welcome you. Pass through the french doors and you'll find the large formal dining room that is right off of the spacious kitchen. The kitchen offers tons of storage and counter space has well has a breakfast bar and room for a kitchen table. Need more storage space? You'll love the large pantry located right off of the kitchen.This three bedroom two bath split plan home features large bedrooms including a stunning owner's suite that offers a great walk-in closet w/built in shelves, a corner jetted tub, a 4 ft shower, and dual vanities!The privacy fenced backyard w/covered patio is perfect for entertaining and grilling.Eastgates is located in the Brandon school zone and is centrally located near dining, shopping and entertainment. The neighborhood features a lake for fishing and an optional pool membership for summer fun. See this beauty today!

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

Annual Financial Highlights

Expected Rent

$23,484

Expenses

-$5,399

Property Taxes

-$2,950

Loan Payments

-$16,187

Net Cash Flow

-$1,052

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.

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Listing Courtesy of:Allison Palmer
Agent License 22543
Hopper Properties
Certified Agent Brokerage:Pablo Pereyra
901 Realtor
MS Brokerage License 23628
SourceMLS United
MLS #4059004
Last Updated: 09/16/2023 22:09
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