125 Blue Lake Dr

Lake Cormorant, MS 38641
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3 bd, 3 ba | 927 sqft | Built in 2005

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List Price
$315,000

Initial Investment

$85,838

Purchase Price

$315,000

Down Payment

25%

Rent

$1,990

Total Return

$141,195

Annualized Return

21.2%

Cap Rate

5.3%

Gross Yield

7.6%

Cash Flow

-$1,487

Appreciation

8.1%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

30,056

HOA

$13/mo

Flood Risk

Not Required

Be the first to see this lovely home on .69 acre with large family room which is open to the kitchen. You will love the new LVP flooring upstairs. All bedrooms are upstairs so the whole downstairs is family area. The home is built on 16'' centers, windows are tilt to clean, and there is a large expandable area (17.8 x 19.3) which is already floored. The master bedroom has a walk in closet and the other two bedrooms have double closets. The back yard is privacy fenced for your pets or children.

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Christopher Stjernholm
Trelora Realty, Inc. (Christopher Stjernholm - MS)
Agent License #2020040993

Annual Financial Highlights

Expected Rent

$22,686

Expenses

-$4,198

Property Taxes

-$2,850

Loan Payments

-$17,125

Net Cash Flow

-$1,487

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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Similar Listings



Listing Courtesy of:Rita Johnson
Agent License B-9920
Crye-Leike Of MS-OB
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc. (Christopher Stjernholm - MS)
SourceMLS United
MLS #4110384
Last Updated: 04/24/2025 04:04
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