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HANDYMAN SPECIAL 421 Boling St 2 Unit Apartment Building $41,585 CAD ($20,792 CAD/Unit) 23.68% Cap Rate Jackson, MS 39209
Executive Summary
CHEAP DUPLEX!!!
2bed/1bath each side. Needs cosmetics. Units rent for $750 each side. PROPERTY WILL GENERATE A 23%+ NET RETURN!!! OVER $40K IN VALUE ADD!!!
Property management and financing is available.
2bed/1bath each side. Needs cosmetics. Units rent for $750 each side. PROPERTY WILL GENERATE A 23%+ NET RETURN!!! OVER $40K IN VALUE ADD!!!
Property management and financing is available.
Financial Summary (Pro Forma - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$25,034
|
$15.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$25,034
|
$15.99
|
| Taxes |
$1,649
|
$1.05
|
| Operating Expenses |
$3,656
|
$2.33
|
| Total Expenses |
$5,306
|
$3.39
|
| Net Operating Income |
$19,728
|
$12.60
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $25,034 |
| Annual Per SF | $15.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $25,034 |
| Annual Per SF | $15.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $1,649 |
| Annual Per SF | $1.05 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $3,656 |
| Annual Per SF | $2.33 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $5,306 |
| Annual Per SF | $3.39 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $19,728 |
| Annual Per SF | $12.60 |
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | $1,043 CAD | - |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 0639-0082-000 | Total Assessment | $8,470 CAD (2025) |
| Land Assessment | $1,249 CAD (2025) | Annual Taxes | $1,649 CAD ($1.05 CAD/SF) |
| Improvements Assessment | $7,221 CAD (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
0639-0082-000
Land Assessment
$1,249 CAD (2025)
Improvements Assessment
$7,221 CAD (2025)
Total Assessment
$8,470 CAD (2025)
Annual Taxes
$1,649 CAD ($1.05 CAD/SF)
Tax Year
2026
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HANDYMAN SPECIAL | 421 Boling St
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