8035 Hillside Cv
Olive Branch, MS 38654
List Price
$315,000
Initial Investment
$85,838Purchase Price
$315,000
Down Payment
25%
Rent
$2,100
Total Return
$131,622
Annualized Return
20.1%
Cap Rate
5.2%
Gross Yield
8%
Cash Flow
-$1,678
Appreciation
7.7%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
13,068
HOA
None
Flood Risk
Not Required
OVER PARK ELEMENTARY - $315,000!!! Nestled in the coveted Plantation Subdivision, this 4BR/2.5BA home is the perfect fusion of comfort and style. Residents enjoy exclusive amenities including a pool, tennis courts, and clubhouse access, plus proximity to Timber Truss golf course.
The home boasts an inviting open-plan living area with plantation shutters, a cozy gas fireplace, and soaring vaulted ceilings in the great room. Warm wood flooring extends from the great room through the dining area to the primary bedroom. A user-friendly kitchen features a breakfast bar and pantry.
The main-floor primary suite shines with wood floors, an ensuite with double vanities, and an expansive walk-in closet. Upstairs offer versatile guest rooms and a potential fourth bedroom or bonus room. Out back, a fenced yard and spacious patio await.
Positioned ideally, with top-rated schools including Overpark Elementary nearby, and just a stone's throw from Olive Branch's suburban charms and Memphis, this home promises a serene suburban life with all the conveniences of the city close at hand. (Note: Some pictures include virtual staging.)
See more in Analysis
Monique Maselle Kelly
CENTURY 21 Maselle & Associates
MS Agent License #S-44457
Annual Financial Highlights
Expected Rent
$23,940Expenses
-$5,643Property Taxes
-$2,850Loan Payments
-$17,125Net Cash Flow
-$1,678See 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 #4070828
Last Updated: 03/27/2024 14:03
MLS #4070828
Last Updated: 03/27/2024 14:03