4616 Alden Lake Dr E

Horn Lake, MS 38637
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3 bd, 2 ba | 2,274 sqft | Built in 1998

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List Price
$325,000

Initial Investment

$88,563

Purchase Price

$325,000

Down Payment

25%

Rent

$2,190

Total Return

$102,528

Annualized Return

16.6%

Cap Rate

5.5%

Gross Yield

8.1%

Cash Flow

-$718

Appreciation

5.8%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

0

HOA

None

Flood Risk

Not Required

This lovely home has three bedrooms, two full bathrooms with a bonus room. Great for an office space. The master bathroom features a Safe Step tub, providing both safety and relaxation.
The inviting living room is the heart of the home. Imagine cozy evenings by the fireplace or entertaining friends and family. Adjacent to the living room, the elegant dining room is ideal for formal dinners or casual gatherings. Picture holiday feasts and laughter-filled evenings.
No stairs here! Everything is conveniently situated on one level, making it accessible for all ages.
Step outside to the sunroom. A perfect spot for sipping lemonade, reading a book, or enjoying the fresh breeze without pesky insects.
Park your vehicles securely in the spacious two-car garage.
The large backyard is fully fenced, providing privacy and safety for pets and children. With a 12X12 storage bldg.
Across the street, you'll find a serene lake. Enjoy picture views, morning walks, and perhaps even some fishing.
This delightful property offers a harmonious blend of comfort, convenience, and natural beauty. Don't miss the opportunity to make it your own!

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

Annual Financial Highlights

Expected Rent

$24,966

Expenses

-$5,715

Property Taxes

-$2,300

Loan Payments

-$17,669

Net Cash Flow

-$718

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:Candace Franklin
Agent License S-53543
Re/Max Experts
Certified Agent Brokerage:Pablo Pereyra
901 Realtor
MS Brokerage License 23628
SourceMLS United
MLS #4074834
Last Updated: 03/28/2024 02:03
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