6514 Highway 513

Stonewall, MS 39363
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2 bd, 1 ba | 1,337 sqft | Built in 1957

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List Price
$66,900

Initial Investment

$14,274

Purchase Price

$48,450

Down Payment

25%

Rent

$850

Total Return

$19,503

Annualized Return

21.0%

Cap Rate

9.1%

Gross Yield

21.1%

Cash Flow

$1,169

Appreciation

5.3%
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Features

Occupancy

Occupied

Lease Start

04/03/2021

Lease End

04/02/2022

Lot Size

21,780

HOA

None

Flood Risk

Not Required

  • Near employers - auto, grocery, belt processing plant
  • Operates as a 3-bedroom home
  • Seller recently made repairs on home, view inspection documents for more info

See more in Analysis

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Annual Financial Highlights

Expected Rent

$9,690

Expenses

-$3,687

Property Taxes

-$2,200

Loan Payments

-$2,634

Net Cash Flow

$1,169

See more in Financials

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