3832 35th St -- Part of a Mini Portfolio
Meridian, MS 39307
List Price
$109,900
Initial Investment
$36,091Purchase Price
$109,900
Down Payment
25%
Rent
$1,100
Total Return
$40,435
Annualized Return
18.0%
Cap Rate
8.4%
Gross Yield
12.0%
Cash Flow
$2,636
Appreciation
5.3%
Reset to DefaultEdit Assumptions
Features
Occupancy
Vacant
Lot Size
14,000
HOA
None
Flood Risk
Not Required
- Below market rent
- Strong cap at 7.4%
- This property is being sold in its current condition with in-place cash flow. All condition details can be found in the inspection report under the "Buy Process" tab
- Depending on offer, seller will consider offering a repair credit at closing
See more in Analysis
Annual Financial Highlights
Expected Rent
$12,540Expenses
-$3,330Property Taxes
-$600Loan Payments
-$5,975Net Cash Flow
$2,636See more in Financials
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