8300 Montrose Dr

Olive Branch, MS 38654
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5 bd, 3 ba | 2,792 sqft | Built in 2004

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List Price
$380,000

Initial Investment

$103,550

Purchase Price

$380,000

Down Payment

25%

Rent

$2,360

Total Return

$154,537

Annualized Return

19.5%

Cap Rate

5.0%

Gross Yield

7.5%

Cash Flow

-$2,824

Appreciation

7.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

14,810

HOA

None

Flood Risk

Not Required

New listing in very established community of Plantation! This 5 bedroom, 3 full bath Home is set across street from Timber Truss Golf Course so you have a very nice view from you front yard. The home has new wood floors throughout the downstairs, plantation shutters throughout, 2 br's down, and 2 br's up + gameroom up (or 5th br w closet), formal dining room, laundry room with sink, and screened in back patio. Kitchen has custom cabinets with granite counters, double ovens and breakfast area. Very low maintenance house with brick exterior and vinyl siding soffits. the subdivion has a club house available to residents, along with tennis courts and pool. This subdivsion is convenient to shopping and Old Towne Olive Branch. Good size fenced in backyard too.

See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc. (Christopher Stjernholm - MS)
Agent License #2020040993

Annual Financial Highlights

Expected Rent

$26,904

Expenses

-$6,419

Property Taxes

-$2,650

Loan Payments

-$20,659

Net Cash Flow

-$2,824

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:Christopher Farm
Agent License B-16949
Kaizen Realty
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc. (Christopher Stjernholm - MS)
SourceMLS United
MLS #4075947
Last Updated: 04/08/2024 14:04
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