3337 Monans Rill Cv

Hernando, MS 38632
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3 bd, 2 ba | 2,180 sqft | Built in 1980

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List Price
$299,999

Initial Investment

$81,750

Purchase Price

$299,999

Down Payment

25%

Rent

$2,840

Total Return

$172,104

Annualized Return

28.2%

Cap Rate

8.2%

Gross Yield

11.4%

Cash Flow

$7,139

Appreciation

7.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

60,984

HOA

$25/mo

Flood Risk

Not Required

Talk about peace and quiet, this lake house has it and scenery too! 2 story updated lakefront home in the Lake O the Hills neighborhood on 2 lots with a wrap around screened in back porch overlooking the lake and multiple decks and a boat dock. The house has been remodeled with all new bathrooms AND new appliances in the kitchen too. There is whole downstairs with a sunroom and a kitchenette. Enjoying the outdoors will be easy with the multiple decks and boat dock with a boat that STAYS with the home. The screened in porch has a lift installed to bring heavy things up from the large storage closet downstairs. This is peaceful living at it's best. Schedule your appointment to see it today.

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

Annual Financial Highlights

Expected Rent

$32,376

Expenses

-$6,827

Property Taxes

-$2,100

Loan Payments

-$16,310

Net Cash Flow

$7,139

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:Saxton Haltom
Agent License S-53406
Bill Sexton Realty
Certified Agent Brokerage:Pablo Pereyra
901 Realtor
MS Brokerage License 23628
SourceMLS United
MLS #4076364
Last Updated: 04/12/2024 01:04
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