36 Hillcrest Dr

Laurel, MS 39440
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3 bd, 2 ba | 1,596 sqft | Built in 1965

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For Sale

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List Price
$179,900

Initial Investment

$52,023
Pre-approval letter or proof of funds required.

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about the purchase process.

Purchase Price

$179,900

Down Payment

25%

Rent

$1,300

Total Return

$48,270

Annualized Return

14.0%

Cap Rate

5.5%

Gross Yield

8.7%

Cash Flow

-$390

Appreciation

5.3%
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Features

Occupancy

Vacant

Vacancy Protection

Yes

Lot Size

1,596

HOA

None

Flood Risk

Not Required

Adorable Laurel home ready for new owners, and if you have seen HGTV and the popular show Home Town, Laurel is the place to be. This home provides plenty of room for families or singles who love to entertain. Speaking of entertaining this home comes with an in-ground salt water pool to keep you cool during these steamy southern summers. Have pets? Great! There is a fenced in back yard to keep them contained and safe. Call to set up your showing TODAY!!!

See more in Analysis
Lauren Bynum
KW ELITE Keller Williams Realty/Empowering You, Inc
MS Agent License #S-55056

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Annual Financial Highlights

Expected Rent

$14,820

Expenses

-$3,429

Property Taxes

-$2,000

Loan Payments

-$9,780

Net Cash Flow

-$390

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

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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Listing Courtesy of:Dakota Delozier
RE/MAX Real Estate Partners
Certified Agent Brokerage:Lauren Bynum
KW ELITE Keller Williams Realty/Empowering You, Inc
MS Brokerage License B-23049
SourceHattiesburg MLS (HSMLS)
MLS #131240
Last Updated: 10/21/2022 18:10
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.