465 Cheyenne Ln

Madison, MS 39110
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4 bd, 3 ba | 2,655 sqft | Built in 1968

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List Price
$350,000

Initial Investment

$95,375

Purchase Price

$350,000

Down Payment

25%

Rent

$3,010

Total Return

$100,231

Annualized Return

16.9%

Cap Rate

7.4%

Gross Yield

10.3%

Cash Flow

$5,575

Appreciation

3.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

21,780

HOA

None

Flood Risk

Not Required

Waterfront Lake views and lake access awaits you in this newly renovated 4 bedroom 3 bathroom home in the conveniently located subdivision Natchez Trace Village. Featuring an open concept floor plan, large kitchen, ice maker, walk in pantry, breakfast room, formal dining room, large master bedroom, luxury master bath with a large custom tile walk-in shower, 3 large guest rooms, 2 full guest bathrooms, large fireplace in the great room, screened in back porch, large laundry room, lots of storage throughout, brand new insulated windows, newly painted exterior, all new landscaping, newly added onto paved parking pad and enlarged driveway, in addition to the double garage a newly added garage, a full house generator, and a large newly added covered deck/pavillion in the backyard. This beautiful home in the desired Madison school district is a must see. Call for a private showing.

See more in Analysis
Pablo Pereyra
901 Realtor
MS Agent License #23667

Annual Financial Highlights

Expected Rent

$34,314

Expenses

-$6,561

Property Taxes

-$3,150

Loan Payments

-$19,028

Net Cash Flow

$5,575

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:Jay Walker
Agent License S57382
Exit Realty Legacy Group
Certified Agent Brokerage:Pablo Pereyra
901 Realtor
MS Brokerage License 23628
SourceMLS United
MLS #4097280
Last Updated: 11/21/2024 06:11
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