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Description
Submitted by Sawitonline.com -SUMMARY
3 BR/1 BA SFR on corner lot of nice, stable, tree-lined neighborhood
Extensive rehab & upgrade just completed
Asking $84,000 per recent appraisal (available upon request)
Currently leased & under highly qualified professional property management
Income $1336/mo. produces $560/mo. positive cash flow!
14.3% Cap Rate!
43% Cash-on-Cash Return!
DESCRIPTION
This is a turnkey investment producing extraordinary cash flow due to generous incentives offered by motivated seller!
Located on the north side of Jackson, MS (forecast 17% job growth over the next 10 years; 38% of residents are renters; home of State Capitol)
1951 construction; 1200 sq. ft. home includes 1-car attached garage
Minimal landscaping upgrades would enhance this property
TERMS
FSBO
2% Seller Closing Cost Credit
$636/mo. Seller Subsidy for 24 months
One-Year Home Warranty included
Photos and Video
Photos
