2405 46th Ave
Meridian, MS 39307
List Price
$79,900
Initial Investment
$23,521Purchase Price
$75,000
Down Payment
25%
Rent
$950
Total Return
$29,165
Annualized Return
19.6%
Cap Rate
8.8%
Gross Yield
15.2%
Cash Flow
$1,886
Appreciation
5.3%
Reset to DefaultEdit Assumptions
Features
Roofstock Certified
Occupancy
Occupied
Lease Start
05/01/2021
Lease End
04/30/2022
Lot Size
12,560
HOA
None
Flood Risk
Not Required
- Leased up-to April 2022
- Seller recently made repairs on home, view inspection documents for more info
- Home has additional room that operates as a third bedroom
- Seller to offer 1-year home warranty to buyer (value of $635)
See more in Analysis
Annual Financial Highlights
Expected Rent
$10,830Expenses
-$3,367Property Taxes
-$1,500Loan Payments
-$4,077Net Cash Flow
$1,886See more in Financials
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