1023 Deer Creek Dr

Hernando, MS 38632
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3 bd, 3 ba | 2,519 sqft | Built in 2003

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List Price
$357,000

Initial Investment

$97,283

Purchase Price

$357,000

Down Payment

25%

Rent

$2,770

Total Return

$168,347

Annualized Return

22.8%

Cap Rate

6.3%

Gross Yield

9.3%

Cash Flow

$1,650

Appreciation

7.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

20,037

HOA

None

Flood Risk

Not Required

This is a beautiful 3-bedroom home with huge bonus room upstairs, and small workshop/storage area located in the heart of Hernando on an extra-large private backyard. The home features a lovely primary bedroom with salon bath including a large walk-in closet. The primary bath has double vanities, jetted tub, and walk-in shower. This home also includes a large family room, hearth room, breakfast room, and formal dining room. The kitchen includes a breakfast/snack bar, and smooth cook top. The half bath is located near the kitchen. Upstairs features a large bonus room! The back yard is very secluded and has a covered porch. There is a large storage building. Very quiet and secluded lot. **Storage shed sold As-IS and Buyer advised to verify schools. Just installed new roof and new water heater.

See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc. (Christopher Stjernholm - MS)
Agent License #2020040993

Annual Financial Highlights

Expected Rent

$31,578

Expenses

-$7,270

Property Taxes

-$3,250

Loan Payments

-$19,408

Net Cash Flow

$1,650

See 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:Jennine Ramage
Agent License 20200
Capstone Realty Services
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc. (Christopher Stjernholm - MS)
SourceMLS United
MLS #4065878
Last Updated: 04/09/2024 18:04
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