3008 Willow Dr

Meridian, MS 39307
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3 bd, 1 ba | 1,314 sqft | Built in 1970

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List Price
$64,900

Initial Investment

$18,873

Purchase Price

$64,500

Down Payment

25%

Rent

$750

Total Return

$22,954

Annualized Return

18.6%

Cap Rate

7.7%

Gross Yield

14.0%

Cash Flow

$966

Appreciation

5.3%
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Features

Occupancy

Occupied

Lease Start

02/01/2020

Lease End

01/31/2021

Lot Size

10,850

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$8,550

Expenses

-$2,678

Property Taxes

-$1,400

Loan Payments

-$3,507

Net Cash Flow

$966

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