578 Bounds Rd

Byram, MS 39272
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3 bd, 2 ba | 1,539 sqft | Built in 1968

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List Price
$109,900

Initial Investment

$37,484

Purchase Price

$110,000

Down Payment

25%

Rent

$1,300

Total Return

$33,291

Annualized Return

15.3%

Cap Rate

8.7%

Gross Yield

14.2%

Cash Flow

$2,902

Appreciation

4.2%
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Features

Occupancy

Vacant

Lot Size

43,560

HOA

None

Flood Risk

Not Required

  • Vacant property
  • Seller to provide 1 year home warranty at Close of Escrow
  • Located in 4 star suburb of Jackson
  • AS-IS as price has been adjusted to match CapEx estimate

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Annual Financial Highlights

Expected Rent

$14,820

Expenses

-$4,238

Property Taxes

-$1,700

Loan Payments

-$5,980

Net Cash Flow

$2,902

See more in Financials

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