8416 Southernwood Cv Southaven, MS 38671
3bd, 2ba | 1,518sqft | Built in 1975
investment property - 8416 Southernwood Cv, Southaven, MS 38671, Desoto - image 0
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investment property - 8416 Southernwood Cv, Southaven, MS 38671, Desoto - image 0
investment property - 8416 Southernwood Cv, Southaven, MS 38671, Desoto - image 1
investment property - 8416 Southernwood Cv, Southaven, MS 38671, Desoto - image 2
Initial Investment
$133,980
List Price: $132,000
Purchase Price
$132,000
Down Payment
100%
Rent
$1,250

Total Return
$56,470
Annualized Return
8.3%
Cap Rate
7.8%
Gross Yield
11.4%
Cash Flow
$9,578
Appreciation
1.8%
Features
Roofstock Certified
Occupancy
Occupied
Lease Start
11/22/2019 
Lease End
11/30/2020 
Lot Size
11,200 
HOA
None
Flood Risk
Not Required
  • Attractive cap rate
  • Seller completed all immediate repairs noted by the inspector
  • Near shopping, dining, and above-average schools
  • 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
$14,250
Expenses
-$3,672
Property Taxes
-$1,000
Loan Payments
$0

Net Cash Flow
$9,578
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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