4352 Ridgewood Cir Jackson, MS 39211
3bd, 2.5ba | 1,300sqft | Built in 1954
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Initial Investment
$119,669
List Price: $117,900
Purchase Price
$117,900
Down Payment
100%
Rent
$1,250

Total Return
$54,186
Annualized Return
8.7%
Cap Rate
7.4%
Gross Yield
12.7%
Cash Flow
$8,041
Appreciation
2.9%
Features
Occupancy
Occupied
Lease Start
05/01/2018 
Lease End
05/01/2020 
Lot Size
19,876 
HOA
None
Flood Risk
Not Required
  • Seller has completed all repairs identified in inspection; mold certification has been provided
  • 4.5-star neighborhood near highly-rated elementary school
  • Close to shopping and dining
  • Leased through 5/01/2020

Annual Financial Highlight
Expected Rent
$14,250
Expenses
-$3,709
Property Taxes
-$2,500
Loan Payments
$0

Net Cash Flow
$8,041
Considerations
Property Characteristics    View Details



Inspection Contingency
This home will be inspected after the offer is accepted and prior to closing, during which time you can negotiate price or repairs based on the inspector's findings or cancel the contract. If any prior inspection reports are available, you'll find them in the Diligence Documents (Analysis tab).  If the latest inspection report is more than 4 months old, the home will be listed with an inspection contingency.
  • This property will be professionally inspected before closing.
  • You’ll have the opportunity to negotiate a lower price or repairs if any issues are identified during the inspection process.
  • Your earnest money deposit will be refunded if you cancel the transaction before the inspection contingency termination date.
  • Roofstock will let you know whether the property passes Roofstock Certification. If it fails, and you choose to carry on with the transaction, the Roofstock Guarantee will no longer apply unless issues are resolved prior to closing. 

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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