2072 Coral Hills Dr Southaven, MS 38671
4bd, 1.5ba | 1,395sqft | Built in 1969
investment property - 2072 Coral Hills Dr, Southaven, MS 38671, Desoto - image 0
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investment property - 2072 Coral Hills Dr, Southaven, MS 38671, Desoto - image 0
investment property - 2072 Coral Hills Dr, Southaven, MS 38671, Desoto - image 1
investment property - 2072 Coral Hills Dr, Southaven, MS 38671, Desoto - image 2
Initial Investment
$108,098
List Price: $106,500
Purchase Price
$106,500
Down Payment
100%
Rent
$1,075

Total Return
$44,739
Annualized Return
8.1%
Cap Rate
7.7%
Gross Yield
12.1%
Cash Flow
$7,557
Appreciation
1.8%
Features
Roofstock Certified
Occupancy
Occupied
Lease Start
11/14/2019 
Lease End
11/30/2020 
Lot Size
8,100 
HOA
None
Flood Risk
Not Required
  • Seller completed many repairs and replaced furnace
  • Attractive cap rate
  • Close to schools, parks, shops, and restaurants
  • Leased through 11/30/2020

Map Data
Map data ©2020 Google
Map DataMap data ©2020 Google
Map data ©2020 Google
Annual Financial Highlight
Expected Rent
$12,255
Expenses
-$3,298
Property Taxes
-$1,400
Loan Payments
$0

Net Cash Flow
$7,557
Considerations
Property Characteristics    View Details


Roofstock Exclusive
This property is listed directly from the seller and only available through the Roofstock marketplace.
  • You can avoid competition and "buy it now" at the list price.​
  • The home will have undergone a comprehensive inspection, title search and more – all of which are made available in the Diligence Documents to review.
  • Transaction will only carry an inspection contingency if the posted inspection report is more than 4 months old.
  • A Roofstock-affiliated broker represents the Seller in this transaction, but Roofstock will walk you through the process​.

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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