1025 Old Highway 11

Carriere, MS 39426
image0

3 bd, 2 ba | 2,500 sqft | Built in 1900

slider image
slider image
slider image
List Price
$255,000

Initial Investment

$69,488

Purchase Price

$255,000

Down Payment

25%

Rent

$1,740

Total Return

$76,360

Annualized Return

16.1%

Cap Rate

5.8%

Gross Yield

8.2%

Cash Flow

$142

Appreciation

5.3%
refreshReset to Default
Edit Assumptions
Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

14,810

HOA

None

Flood Risk

Not Required

A beautiful and unique Victorian home, built in the 1900's and updated through the years. This home offers 12-foot ceiling, crown molding, pocket doors, parlor with fireplace, living/formal dining room with electric fire place, guest room w/electric fireplace that could possibly be an office or a 4th bedroom, the primary suite is home to one of the working gas fire places and claw tubs, spacious bedrooms, guest bathroom is home to the other claw tub and walk in shower, man cave, eat in kitchen, above ground pool, storage shed and more. This is a must see.

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

Annual Financial Highlights

Expected Rent

$19,836

Expenses

-$3,531

Property Taxes

-$2,300

Loan Payments

-$13,863

Net Cash Flow

$142

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.

Similar Listings



Listing Courtesy of:Antha Mitchell
Agent License S42724
RE/MAX Premier Group
Certified Agent Brokerage:Pablo Pereyra
901 Realtor
MS Brokerage License 23628
SourceMLS United
MLS #4082747
Last Updated: 07/25/2024 16:07
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.