8811 Terry Rd
Terry, MS 39170
List Price
$199,000
Initial Investment
$54,228Purchase Price
$199,000
Down Payment
25%
Rent
$4,000
Total Return
$148,900
Annualized Return
44.6%
Cap Rate
16.1%
Gross Yield
24.1%
Cash Flow
$19,393
Appreciation
4.2%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
114,563
HOA
None
Flood Risk
Not Required
PLEASE READ
$48 per square foot in Terry! Home sits on 2.63+/- acres and there's a small additional home on the property NOT included in the total square footage or bedroom/bath count that's 465 sqft and 2 bed / 1 bath . The main home would make a great triplex or fourplex accounting for how long the main home is with the ADU, so a potentially 5 rental units. It would make an excellent flip perfect for a large family as well. 2 large barns sit on the property. The home needs a new roof. .
See more in Analysis
Pablo Pereyra
901 Realtor
MS Agent License #23667
Annual Financial Highlights
Expected Rent
$45,600Expenses
-$13,589Property Taxes
-$1,800Loan Payments
-$10,819Net Cash Flow
$19,393See 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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SourceMLS United
MLS #4084137
Last Updated: 12/21/2024 17:12
MLS #4084137
Last Updated: 12/21/2024 17:12