3411 29th Ave
Meridian, MS 39305
List Price
$89,900
Initial Investment
$24,764Purchase Price
$82,300
Down Payment
25%
Rent
$1,030
Total Return
$28,812
Annualized Return
18.0%
Cap Rate
7.8%
Gross Yield
15.0%
Cash Flow
$1,271
Appreciation
5.3%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
09/08/2021
Lease End
09/07/2022
Lot Size
57,064
HOA
None
Flood Risk
Not Required
- AS-IS Sale
- Attractive cap rate
- Near schools and churches
- Located in a quiet, wooded area
- Carport/Garage
- Property operates as a 3 bedroom 2.5 bathroom house, with additional half bathroom located in basement
See more in Analysis
Annual Financial Highlights
Expected Rent
$11,742Expenses
-$4,197Property Taxes
-$1,800Loan Payments
-$4,474Net Cash Flow
$1,271See more in Financials
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