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421 Boling St - HANDYMAN SPECIAL 2 Unit Apartment Building Offered at $42,354 CAD at a 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 |
$25,497
|
$16.28
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$25,497
|
$16.28
|
| Taxes |
$1,680
|
$1.07
|
| Operating Expenses |
$3,724
|
$2.38
|
| Total Expenses |
$5,404
|
$3.45
|
| Net Operating Income |
$20,093
|
$12.83
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $25,497 |
| Annual Per SF | $16.28 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $25,497 |
| Annual Per SF | $16.28 |
| Taxes (CAD) | |
|---|---|
| Annual | $1,680 |
| Annual Per SF | $1.07 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $3,724 |
| Annual Per SF | $2.38 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $5,404 |
| Annual Per SF | $3.45 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $20,093 |
| Annual Per SF | $12.83 |
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | $1,062 CAD | - |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
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421 Boling St - HANDYMAN SPECIAL
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