115 Timbercrest Ln

Brandon, MS 39047
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5 bd, 5 ba | 2,635 sqft | Built in 2003

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List Price
$379,900

Initial Investment

$103,523

Purchase Price

$379,900

Down Payment

25%

Rent

$2,760

Total Return

$104,710

Annualized Return

15.3%

Cap Rate

6.0%

Gross Yield

8.7%

Cash Flow

$841

Appreciation

4.8%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

18,295

HOA

None

Flood Risk

Not Required

Beautiful 5/4.5 in Timbercrest! Walking distance to the Reservoir! This updated home has it all plus the space you're looking for! Large living room with fireplace and custom built ins open to the formal dining room. Spacious and updated kitchen with eat at bar, granite countertops, breakfast area, nice stainless appliances; Split plan; Large Master suite with jetted tub, dual vanities, separate shower and his/her walk in closets; 3 guest bedrooms down, 2 w/jack and jill bath, one bedroom with an ensuite; Bonus room or 5th bedroom upstairs with large closet and full bathroom; Wood look porcelain tiles throughout; Large laundry room;
Fenced in backyard with lots of privacy and entertainment spaces. This home features lush landscaping in front and back with lighting and irrigation. Wired 12x16 workshop and and extra parking pad! Great location and schools!

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

Annual Financial Highlights

Expected Rent

$31,464

Expenses

-$7,240

Property Taxes

-$2,730

Loan Payments

-$20,653

Net Cash Flow

$841

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:Mandy Castle
Agent License B23176
Mandy Castle Real Estate INC
Certified Agent Brokerage:Pablo Pereyra
901 Realtor
MS Brokerage License 23628
SourceMLS United
MLS #4075953
Last Updated: 04/08/2024 16:04
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