1813 Dogwood Dr

Meridian, MS 39301
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3 bd, 2 ba | 1,484 sqft | Built in 1955

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List Price
$104,900

Initial Investment

$31,685

Purchase Price

$102,000

Down Payment

25%

Rent

$1,200

Total Return

$42,736

Annualized Return

21.3%

Cap Rate

9.1%

Gross Yield

14.1%

Cash Flow

$3,086

Appreciation

5.3%
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Features

Occupancy

Occupied

Lease Start

07/15/2021

Lease End

07/14/2022

Lot Size

35,185

HOA

None

Flood Risk

Not Required

  • Leased through 07/14/2022
  • 4-star neighborhood
  • Driveway leads into carport
  • Spacious backyard deck
  • Appliances not included in sale

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Annual Financial Highlights

Expected Rent

$13,680

Expenses

-$3,949

Property Taxes

-$1,100

Loan Payments

-$5,545

Net Cash Flow

$3,086

See more in Financials

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