383 Red Eagle Cir
Ridgeland, MS 39157
List Price
$335,000
Initial Investment
$91,288Purchase Price
$335,000
Down Payment
25%
Rent
$2,480
Total Return
$81,210
Annualized Return
14.0%
Cap Rate
6.2%
Gross Yield
8.9%
Cash Flow
$1,417
Appreciation
4.0%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
16,117
HOA
$13/mo
Flood Risk
Not Required
REMODELED home in the heart of Ridgeland only minutes away from shopping, dining, and many other businesses! This 4 bedroom 2 bathroom home features beautiful wood floors in the living and separate formal dining room. The kitchen has stunning brand new granite countertops and subway tile backsplash, stainless steel appliances, and new faucet fixtures. All 4 bedrooms have brand new carpet, and both bathrooms have been renovated with refinished countertops, new plumbing fixtures, and refinished tub/shower combos. Don't worry about sharing a closet, as the master bedroom has two separate walk in closets! This house also includes a spacious office/work area and private rear yard with new fencing and spacious covered patio. Come see this amazing home today!
See more in Analysis
Pablo Pereyra
901 Realtor
MS Agent License #23667
Annual Financial Highlights
Expected Rent
$28,272Expenses
-$5,182Property Taxes
-$3,460Loan Payments
-$18,212Net Cash Flow
$1,417See 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:Dylan Dearman
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Certified Agent Brokerage:Pablo Pereyra
901 Realtor
MS Brokerage License 23628
901 Realtor
MS Brokerage License 23628
SourceMLS United
MLS #4077233
Last Updated: 04/22/2024 15:04
MLS #4077233
Last Updated: 04/22/2024 15:04