10690 Wellington Dr
Olive Branch, MS 38654
List Price
$300,000
Initial Investment
$81,750Purchase Price
$300,000
Down Payment
25%
Rent
$1,880
Total Return
$123,608
Annualized Return
19.8%
Cap Rate
5.1%
Gross Yield
7.5%
Cash Flow
-$1,927
Appreciation
7.7%
Reset to DefaultEdit Assumptions
Features
Lot Size
17,570
HOA
None
Flood Risk
Not Required
Come check out this beautiful home with 2 main suite bedrooms! This is a great one for a college kid staying at home or an in-law that wants their own living space. They will have their own private entrance as well as living area and full private bath. You will love the tall ceilings and spacious rooms. This home also offers a lovely great room with a cozy sitting room just off of it, overlooking the backyard. The kitchen has plenty of counter space and cabinets with a roomy breakfast area. Next to the kitchen is your spacious formal dining room or it could be a nice office. So many options are available for living spaces. Setup your private showing today!
See more in Analysis
Pablo Pereyra
901 Realtor
MS Agent License #23667
Annual Financial Highlights
Expected Rent
$21,432Expenses
-$4,950Property Taxes
-$2,100Loan Payments
-$16,310Net Cash Flow
-$1,927See more in Financials
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.
- Properties listed on Roofstock are displayed from MLS data and are chosen by Roofstock for their investment potential—often as soon as it hits the market.
- You can be represented in the purchase by a Roofstock-affiliated real estate agent who is an expert in investment properties and knows the local market.
- Your offer can have an inspection contingency, which allows you to obtain a home inspection in order to review the property's condition.
- Upon introduction to the Roofstock-affiliated agent, you may discuss your investing strategy with the agent who will assist you in the buying process.
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.
Similar Listings
Listing Courtesy of:Trina Jones
Agent License S-50061
Dream Maker Realty
Agent License S-50061
Dream Maker Realty
Certified Agent Brokerage:Pablo Pereyra
901 Realtor
MS Brokerage License 23628
901 Realtor
MS Brokerage License 23628
SourceMLS United
MLS #4042107
Last Updated: 03/15/2023 17:03
MLS #4042107
Last Updated: 03/15/2023 17:03