9201 Morgan Rd

Meridian, MS 39307
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3 bd, 1 ba | 1,200 sqft | Built in 1955

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List Price
$90,000

$15K

Initial Investment

$18,121

Purchase Price

$66,500

Down Payment

25%

Rent

$950

Total Return

$35,817

Annualized Return

29.8%

Cap Rate

10.8%

Gross Yield

17.1%

Cash Flow

$3,033

Appreciation

5.3%
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Features

Occupancy

Occupied

Lease Start

10/03/2022

Lease End

10/02/2023

Lot Size

26,136

HOA

None

Flood Risk

Not Required

  • Strong cap rate

See more in Analysis

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Annual Financial Highlights

Expected Rent

$10,830

Expenses

-$3,482

Property Taxes

-$700

Loan Payments

-$3,615

Net Cash Flow

$3,033

See more in Financials

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