1081 Augusta Dr

Hernando, MS 38632
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3 bd, 3 ba | 2,500 sqft | Built in 1991

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List Price
$390,000

Initial Investment

$106,275

Purchase Price

$390,000

Down Payment

25%

Rent

$1,840

Total Return

$134,467

Annualized Return

16.4%

Cap Rate

3.7%

Gross Yield

5.7%

Cash Flow

-$7,510

Appreciation

7.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

14,810

HOA

None

Flood Risk

Not Required

The search is over! This is the one you've been waiting for! Lovely home located on a beautiful corner lot in the heart of Hernando! Featuring 3 bedrooms and 2 baths on the main floor and a spacious bonus room and half bath on the second floor. The primary bedroom features a spa style bathroom suite with separate soaking tub and walk-in shower plus two walk-in closets and separate water closet for privacy. The great room is spacious with vaulted ceilings, gas fireplace and built-in bookcases. Enjoy both the formal dining room and the eat-in kitchen area. It has an adorable kitchen with granite counters, dishwasher, gas cooktop, wall oven, microwave and a large pantry. This home has a generous number of closets. Step out back and realize the paradise the backyard has to offer. The backyard is lovely and features a concrete patio, gazebo, and an inground pool. There's also a spacious two car garage! Conveniently located to local shopping, restaurants, parks, schools and more. Fantastic LOCATION!

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

Annual Financial Highlights

Expected Rent

$20,976

Expenses

-$3,734

Property Taxes

-$3,550

Loan Payments

-$21,202

Net Cash Flow

-$7,510

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:Christy Savage
Agent License S-49923
Burch Realty Group Hernando
Certified Agent Brokerage:Pablo Pereyra
901 Realtor
MS Brokerage License 23628
SourceMLS United
MLS #4097223
Last Updated: 11/20/2024 18:11
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