3154 Mountainview Pl - Part of a Mini Portfolio

Meridian, MS 39301
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3 bd, 1 ba | 1,160 sqft | Built in 1967

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List Price
$115,000

Initial Investment

$42,324

Purchase Price

$115,000

Down Payment

25%

Rent

$1,200

Total Return

$34,549

Annualized Return

13.8%

Cap Rate

7.9%

Gross Yield

12.5%

Cash Flow

$2,154

Appreciation

5.3%
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Features

Occupancy

Occupied

Lease Start

03/09/2022

Lease End

03/08/2023

Lot Size

26,136

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$13,680

Expenses

-$3,674

Property Taxes

-$1,600

Loan Payments

-$6,252

Net Cash Flow

$2,154

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