624 Post Oak Pl

Pearl, MS 39208
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3 bd, 2 ba | 1,471 sqft | Built in 2004

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Sale Pending

Exclusive

List Price
$238,000

Initial Investment

$68,294
Pre-approval letter or proof of funds required.
Features
Roofstock Certified

Occupancy

Occupied

Lease Start

03/25/2022

Lease End

04/30/2023

Lot Size

9,903

HOA

$17/mo

Flood Risk

Not Required

  • Property is located in premium Class A neighborhood and highly rated schools, 15 minutes from Jackson, MS Metro Area
  • Seller previously completed repairs to meet Roofstock certification requirements. Inspection contingency available due to aged inspection report
  • Given the current market conditions, seller is flexible to finance a portion of the purchase
  • 1 year home warranty with First American through May 2023
  • Pet fee included in monthly rent of $30
  • Competitive current market rent, with high annual cash flow, and attractive cap rate
  • Steady five year market appreciation
  • Tenant Occupied through April 2023 with all payments made on time
  • Newly refreshed and updated interior, well maintained with low deferred maintenance
  • Roofstock Preferred Property Management already in place!
See more in Analysis

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Annual Financial Highlights

Expected Rent

$20,577

Expenses

-$5,038

Property Taxes

-$1,600

Loan Payments

-$12,939

Net Cash Flow

$1,000

See more in Financials

Property Characteristics

Inspection Contingency

This home will be inspected after the offer is accepted and prior to closing, during which time you can negotiate price or repairs based on the inspector's findings or cancel the contract.
  • This property will be professionally inspected before closing.
  • You'll have the opportunity to negotiate a lower price or repairs if any issues are identified during the inspection process.
  • Your earnest money deposit will be refunded if you cancel the transaction before the inspection contingency termination date.

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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