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weissman

14.3% Cap Rate 3+1 SFR in JACKSON, MS

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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

 

For pictures and more information, go to www.probot.com/UEVEIQE

Or contact Jeff Weissman at 510-303-5903 or weissman.jeff@gmail.com

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