4352 Ridgewood Cir

Jackson, MS 39211
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3 bd, 2.5 ba | 1,300 sqft | Built in 1954

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List Price
$117,900

Initial Investment

$32,019

Purchase Price

$117,500

Down Payment

25%

Rent

$1,250

Total Return

$35,491

Annualized Return

17.3%

Cap Rate

7.4%

Gross Yield

12.8%

Cash Flow

$1,575

Appreciation

4.2%
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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

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Annual Financial Highlights

Expected Rent

$14,250

Expenses

-$3,787

Property Taxes

-$2,500

Loan Payments

-$6,388

Net Cash Flow

$1,575

See more in Financials

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