863 Oakdale Rd

Coldwater, MS 38618
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2 bd, 3 ba | 2,464 sqft | Built in 1987

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List Price
$180,000

Initial Investment

$49,050

Purchase Price

$180,000

Down Payment

25%

Rent

$1,470

Total Return

$95,370

Annualized Return

25.0%

Cap Rate

6.6%

Gross Yield

9.8%

Cash Flow

$1,371

Appreciation

8.4%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

0

HOA

None

Flood Risk

Not Required

Large Home, approx. 2400 sq.ft. on 4.5+- acres, located only about 10 mins from I-55 at Coldwater. Home has 2 large bedrooms, 3 full baths and a double attached carport. The kitchen is huge, approx. 23'7 x 15'3. Den/living room also huge 33'7 x 19'1with, cedar walls, vaulted cedar ceiling and cedar exposed beams, and built in bookcases as well as a wood burning stove sitting on stone, as well as stone behind it. Sunroom on the front of the home approx. 18'9 x 6'5, back deck approx. 24 x 12, storage shed approx. 37'6 x 18'5, and one more shed/animal kennel approx. 18 x 18. Back yard is fenced. Call today to schedule a showing!

See more in Analysis
Monique Maselle Kelly
CENTURY 21 Maselle & Associates
MS Agent License #S-44457

Annual Financial Highlights

Expected Rent

$16,758

Expenses

-$4,052

Property Taxes

-$1,550

Loan Payments

-$9,786

Net Cash Flow

$1,371

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:David Stevens
Agent License 13033
Stevens Realty & Auction Co, Llc
Certified Agent Brokerage:Monique Maselle Kelly
CENTURY 21 Maselle & Associates
MS Brokerage License B-9203
SourceMLS United
MLS #4059109
Last Updated: 09/18/2023 20:09
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