11093 Amber Drive, Diberville, MS

12.73% return

SP: $1,049,900

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Property Information

Listing statusSold
Property typeMulti Family
Total units16
Total bedrooms22
Total bathrooms16
Building size(unknown)
Lot size0.6 acres
Year built1987

CountyHarrison County
SubdivisionBachman Surv
ConstructionBrick/Frame
RoofAsphalt Shingle
Water sourceCity water
Water disposalSewer
HeatingCentral
CoolingCentral

Property Financial Summary

Sale price$1,049,900
Estimated rehab¹$0
Total investment$1,049,900

TypeActual

Gross income (annually)$143,700
Operating expenses (annually)$10,023
Net income (annually)$133,677
Gross return13.69%

Gross income (monthly)$11,975
Operating expenses (monthly)$835
Net income (monthly)$11,140
Net return12.73%

Property Income & ExpensesMonthlyAnnual

Income

B
Unit B1: 2 bed / 1 bath$995/month$11,940/year
Unit B2: 2 bed / 1 bath$0/month$0/year
Unit B3: 2 bed / 1 bath$1,075/month$12,900/year
Unit B4: 2 bed / 1 bath$1,075/month$12,900/year
C
Unit C1: 1 bed / 1 bath$650/month$7,800/year
Unit C2: 1 bed / 1 bath$695/month$8,340/year
Unit C3: 1 bed / 1 bath$795/month$9,540/year
Unit C4: 1 bed / 1 bath$0/month$0/year
Unit C5: 1 bed / 1 bath$875/month$10,500/year
Unit C6: 1 bed / 1 bath$875/month$10,500/year
D
Unit D1: 2 bed / 1 bath$1,075/month$12,900/year
Unit D2: 2 bed / 1 bath$950/month$11,400/year
E
Unit E1: 1 bed / 1 bath$450/month$5,400/year
Unit E2: 1 bed / 1 bath$795/month$9,540/year
Unit E3: 1 bed / 1 bath$875/month$10,500/year
Unit E4: 1 bed / 1 bath$795/month$9,540/year
Total$11,975/month$143,700/year

Expenses

Waste Collection$154/month$1,848/year
Security Lights$15/month$180/year
Property Taxes$666/month$7,995/year
Total$835/month$10,023/year

Property Questions & Answers

Q: How do I make an offer on this property?
A: Placing an offer is a simple process. All offers must be presented in writing with an escrow deposit of 10% or $5,000, whichever is larger. Escrow has to be sent to the attorney or title company who is handling the file for this property. Please send us an inquiry and one of our team members will get in touch with you to further assist you. You can also give us a call.

Q: Does this property come with clear title?
A: All our properties come with clear title. We highly recommend you purchase title insurance as well.