2306 River Oaks Blvd

Jackson, MS 39211
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3 bd, 1.5 ba | 1,354 sqft | Built in 1979

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List Price
$85,000

Initial Investment

$23,648

Purchase Price

$85,000

Down Payment

25%

Rent

$1,000

Total Return

$27,962

Annualized Return

18.7%

Cap Rate

8.2%

Gross Yield

14.1%

Cash Flow

$1,662

Appreciation

4.2%
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Features

Occupancy

Occupied

Lease Start

11/25/2019

Lease End

11/30/2020

Lot Size

2,550

HOA

None

Flood Risk

Not Required

  • Seller will prioritize offers with pre-approval or proof of funds uploaded
  • Less than $500 in immediate repairs on inspection report
  • Close to shopping and dining
  • Easy access to Jackson-Medgar Wiley Evers International Airport (12.5 mi)

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Annual Financial Highlights

Expected Rent

$11,400

Expenses

-$3,417

Property Taxes

-$1,700

Loan Payments

-$4,621

Net Cash Flow

$1,662

See more in Financials

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