955 Glastonbury Cir

Ridgeland, MS 39157
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3 bd, 2 ba | 1,400 sqft | Built in 1984

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List Price
$113,500

Initial Investment

$29,375

Purchase Price

$107,000

Down Payment

25%

Rent

$1,200

Total Return

$37,575

Annualized Return

20.4%

Cap Rate

8.6%

Gross Yield

13.5%

Cash Flow

$2,688

Appreciation

4.0%
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Features

Occupancy

Occupied

Lease Start

07/16/2019

Lease End

07/15/2020

Lot Size

12,000

HOA

None

Flood Risk

Not Required

  • Attractive cap rate
  • 3-star neighborhood
  • Minimal immediate repairs needed

See more in Analysis

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Annual Financial Highlights

Expected Rent

$13,680

Expenses

-$3,775

Property Taxes

-$1,400

Loan Payments

-$5,817

Net Cash Flow

$2,688

See more in Financials

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