4 Michael Ct

Long Beach, MS 39560
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3 bd, 2 ba | 1,418 sqft | Built in 1997

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List Price
$159,000

Initial Investment

$43,328

Purchase Price

$159,000

Down Payment

25%

Rent

$1,700

Total Return

$61,488

Annualized Return

23.0%

Cap Rate

9.4%

Gross Yield

12.8%

Cash Flow

$5,494

Appreciation

3.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

9,148

HOA

None

Flood Risk

Not Required

Great 3 Bedroom 2 Bathroom property located in Long Beach Mississippi. Acacadian style with large front porch.

See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc. (Christopher Stjernholm - MS)
Agent License #2020040993

Annual Financial Highlights

Expected Rent

$19,380

Expenses

-$4,192

Property Taxes

-$1,050

Loan Payments

-$8,644

Net Cash Flow

$5,494

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

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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Listing Courtesy of:James Marble
Agent License B22466
EXIT Coastal Gateway Realty
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc. (Christopher Stjernholm - MS)
SourceMLS United
MLS #4097202
Last Updated: 11/20/2024 16:11
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