3415 36th Ave
Meridian, MS 39307
List Price
$80,000
Initial Investment
$23,467Purchase Price
$80,000
Down Payment
25%
Rent
$900
Total Return
$28,419
Annualized Return
18.5%
Cap Rate
7.7%
Gross Yield
13.5%
Cash Flow
$1,199
Appreciation
5.3%
Reset to DefaultEdit Assumptions
Features
Occupancy
Occupied
Lease Start
06/03/2020
Lease End
06/22/2021
Lot Size
7,605
HOA
None
Flood Risk
Not Required
- 3-bed, 2-bath with covered parking
- Near Meridian Community College (3 mi)
- Seller recently completed repairs. See inspection reports in diligence vault
See more in Analysis
Annual Financial Highlights
Expected Rent
$10,260Expenses
-$3,112Property Taxes
-$1,600Loan Payments
-$4,349Net Cash Flow
$1,199See more in Financials
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