506 Black Cherry Cv

Canton, MS 39046
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3 bd, 2 ba | 1,700 sqft | Built in 2024

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List Price
$320,000

Initial Investment

$87,200

Purchase Price

$320,000

Down Payment

25%

Rent

$2,180

Total Return

$87,581

Annualized Return

15.8%

Cap Rate

6.5%

Gross Yield

8.2%

Cash Flow

$3,247

Appreciation

4.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

26,136

HOA

None

Flood Risk

Not Required

BEAUTIFUL NEW CONSTRUCTION home located in Woodscape of Oakfield. Open split floor plan with 3 bedrooms, 2 baths. ***NO CARPET Luxury Vinyl plank flooring throughout and tile and quartz countertops in baths. The kitchen features all stainless appliances, gas free standing range with custom vent hood, built-in-microwave, quartz counter tops and decorative backsplash. Nice size Laundry room with a sink and lots of storage. Call today to schedule.

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NEIGHBORHOOD

SCHOOLS

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Christopher Stjernholm
Trelora Realty, Inc. (Christopher Stjernholm - MS)
Agent License #2020040993

Annual Financial Highlights

Expected Rent

$24,852

Expenses

-$3,678

Property Taxes

-$530

Loan Payments

-$17,397

Net Cash Flow

$3,247

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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Similar Listings



Listing Courtesy of:Cindy Johnston
Agent License S51659
Nix-Tann & Associates, Inc.
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc. (Christopher Stjernholm - MS)
SourceMLS United
MLS #4071157
Last Updated: 12/04/2024 12:12
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