2121 Chapel Hill Rd
Utica, MS 39175
List Price
$218,500
Initial Investment
$59,541Purchase Price
$218,500
Down Payment
25%
Rent
$1,440
Total Return
$48,667
Annualized Return
12.7%
Cap Rate
5.6%
Gross Yield
7.9%
Cash Flow
-$335
Appreciation
4.2%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
217,800
HOA
None
Flood Risk
Not Required
Beautiful Property and this opportunity rarely comes up. This 3 bed, 2 bath is spotless and has so much potential. Situated on 5 rolling acres, the house has a spacious kitchen with lots of cabinets and county space, a roomy breakfast room and a spacious great room with vaulted ceilings and built-ins. The front and back of the house have wide screen porches and all the bedrooms are nicely sized. Separate laundry room, store room and two car garage. Gated driveway, shop in backyard. This property is being sold as-is but paint and new floors are the main updates it needs. Property is loaded with cypress trees and mature oaks. Yard has a 220 Outlet for a camper.
See more in Analysis
Monique Maselle Kelly
CENTURY 21 Maselle & Associates
MS Agent License #S-44457
Annual Financial Highlights
Expected Rent
$16,416Expenses
-$2,922Property Taxes
-$1,950Loan Payments
-$11,879Net Cash Flow
-$335See 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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SourceMLS United
MLS #4074835
Last Updated: 03/28/2024 02:03
MLS #4074835
Last Updated: 03/28/2024 02:03