2016 Wewoka Cv

Hernando, MS 38632
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2 bd, 2 ba | 1,200 sqft | Built in 1979

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List Price
$150,000

Initial Investment

$40,875

Purchase Price

$150,000

Down Payment

25%

Rent

$1,610

Total Return

$91,435

Annualized Return

30.1%

Cap Rate

9.1%

Gross Yield

12.9%

Cash Flow

$4,587

Appreciation

7.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

19,602

HOA

$8/mo

Flood Risk

Not Required

Lake property with private boat dock located on a cove lot. Two-bedroom 1.5 bath home with single attached carport. Home has large living area with multiple windows for view of the lake. Next to living area a room that could be used as 3rd bedroom or office. Home has large walk out basement workshop/storage plus portable building.

MARKETS

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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

$18,354

Expenses

-$4,263

Property Taxes

-$1,350

Loan Payments

-$8,155

Net Cash Flow

$4,587

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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

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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:Ed Engelke
Agent License B-20825
United Real Estate Mid-South
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc. (Christopher Stjernholm - MS)
SourceMLS United
MLS #4093580
Last Updated: 11/19/2024 18:11
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