402 Montrose Pl

Brandon, MS 39042
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4 bd, 2 ba | 1,749 sqft | Built in 2014

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List Price
$225,000

Initial Investment

$64,970

Purchase Price

$232,000

Down Payment

25%

Rent

$1,800

Total Return

$68,851

Annualized Return

16.3%

Cap Rate

6.4%

Gross Yield

9.3%

Cash Flow

$1,767

Appreciation

4.8%
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Features

Occupancy

Vacant

Property Type

Unspecified

Lot Size

6,933

HOA

$0/mo

Flood Risk

Not Required

News Alert.......News Alert!!!!!!!!! THIS BEAUTIFUL HOME that is LOCATED IN THE HIGHLY SOUGHT AFTER LENNOX SUBDIVISION OF BRANDON IS NOW FOR SALE BUT YOUâVE GOT TO BE QUCIK!!!!! THIS 4 BEDROOM / 2 BATH HOME WILL NOT LAST LONG AT ALL!!!! THE KITCHEN AND LIVING ROOM IN THIS HOME IS ABSOLUTELY DREAMY!!! THE L- SHAPED ISLAND WHICH HAS GRANITE COUNTERTOPS GIVES YOUR TONS OF COOKING SPACE AND GIVES you MULTIPLE ANGLES TO COOK so you can WATCH SOME T.V AS YOU LOOK OUT INTO YOUR PERFECTLY SIZED LIVING ROOM!!! THE LIVING ROOM HAS BEAUTIFUL PINE WOOD FLOORS THAT GO PERFECTLY WITH THE FINISHINGS OF THE HOME!! THE MASTER AND GUEST BATHROOMS HAVE BEAUTIFUL WHITE TILE COUNTERTOPS THAT GIVE THE HOME A GREAT TOUCH AND ACCENTS MANY OF THE GREAT FEATURES OF THIS HOME. THE BACK PORCH OFFERS GREAT PRIVACY AND HAS THE PERECT SET UP FOR ENTERTAINING!! Call your favorite Realtor today!!! More photos coming Tuesday!!

See more in Analysis
Monique Maselle Kelly
CENTURY 21 Maselle & Associates
MS Agent License #S-44457

Annual Financial Highlights

Expected Rent

$20,520

Expenses

-$4,440

Property Taxes

-$1,700

Loan Payments

-$12,613

Net Cash Flow

$1,767

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:Ryan Ainsworth
Three Rivers Real Estate
Certified Agent Brokerage:Monique Maselle Kelly
CENTURY 21 Maselle & Associates
MS Brokerage License B-9203
SourceCentral Mississippi Realtors, Inc.
MLS #339960
Last Updated: 04/27/2021 13:04
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