1885 Pecan Meadows Dr

Southaven, MS 38671
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3 bd, 2 ba | 1,923 sqft | Built in 1996

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List Price
$292,000

Initial Investment

$79,570

Purchase Price

$292,000

Down Payment

25%

Rent

$1,870

Total Return

$162,597

Annualized Return

24.9%

Cap Rate

5.6%

Gross Yield

7.7%

Cash Flow

-$401

Appreciation

9.5%
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Features

Lot Size

9,600

HOA

None

Flood Risk

Not Required

This spacious remodeled home has a lots to offer in this 3 bedrooms, 2 full bath plus a finished bonus room, that could be used as a fourth bedroom. A large great room that had laminate flooring and a fireplace with gas logs.The plan features a nice master bedroom Barn door entering salon bath featuring jacuzzi tub and separate shower with a large close. An oversize eat in kitchen with a large breakfast bar and lots of cabinets. There is a dining room on front of house that could also be used as an office, if the buyer so chooses. This home is brick with vinyl siding and the yard is mostly fenced. There is a portable building to store all of your lawn equipment in. Sit on your screened in patio with your morning coffee in this Great Neighborhood in a wonderful city that has so much to offer. There is a city park with in walking distance that features play ground equipment for children as well as disk golf course, walking trails and fishing. Thank you for taking the time to tour this nice spacious home.

See more in Analysis
Pablo Pereyra
901 Realtor
MS Agent License #23667
Annual Financial Highlights

Expected Rent

$21,318

Expenses

-$3,795

Property Taxes

-$2,050

Loan Payments

-$15,875

Net Cash Flow

-$401

See 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.
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Property Management

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Listing Courtesy of:Jeanette Lin
Agent License 318772
Pinnacle Realty
Certified Agent Brokerage:Pablo Pereyra
901 Realtor
MS Brokerage License 23628
SourceMLS United
MLS #4042162
Last Updated: 03/15/2023 22:03
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