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$289,900

For Sale - Active
623 Chambord Dr, Brandon, MS 39042
3 Beds
2 Baths
0 Square Feet
0.25 Acres Lot
Built in 2006
For Sale - Active
Units n/a
Checked: 24 hours ago
Updated: Jun 18, 2025 at 03:04AM

Investment Summary


Monthly Cash Flow
-$134
Cap Rate
5.7%
Cash-on-Cash Return
-2.4%
Debt Coverage Ratio
0.91
Internal Rate of Return (5 years)
1.7%

Property Description


0.25 Acres Lot
Built in 2006
For Sale - Active
Units n/a

Charming 3 Bed/2 Bath Home with Office & Screened-In Porch in Provonce! Welcome to this beautifully updated home featuring 3 bedrooms, 2 bathrooms, and a versatile office space—perfect for working from home or a quiet study area. The freshly stained concrete flooring adds a modern touch to the main living areas, while plush new carpet makes the bedrooms cozy and inviting. The kitchen is a standout with granite countertops, stainless steel appliances, and fresh paint throughout giving the home a bright, updated feel. Enjoy relaxing evenings on the screened-in porch and take advantage of the convenient location near Brandon High School. This home has it all—style, space, and a prime location!

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Location


Property Details


Parking

  • Description: Attached, Garage, Garage Door Opener
  • Details: Garage Faces Front
  • Garage Spaces: 2
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 3

Bathroom Information

  • # of Baths (Full): 2
  • # of Baths (Total): 2.0

Interior Features

  • # of Rooms: 6
  • # of Stories: 1
  • Fireplace: Yes

Exterior Features

  • Exterior Walls Materials: Brick Veneer
  • Foundation: Slab
  • Roof Type: Hip

HOA

  • Has HOA: Yes
  • HOA Fee: $300/annually

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: I07Q00000100290
  • Lot Size: 10890 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Traditional
  • Year Built: 2006

Tax Information

  • Annual Tax: $2,136

Utilities

  • Water & Sewer: Public
  • Heating: Central
  • Cooling: Central Air

Location

  • County: Rankin

Listing Details


Listed by:
Monique Maselle-Kelly
Maselle & Associates Inc
(601) 941-4447

Source:
MLS United
MLS#: 4115977
MLS United

Investment Summary


Monthly Cash Flow
-$134
Cap Rate
5.7%
Cash-on-Cash Return
-2.4%
Debt Coverage Ratio
0.91
Internal Rate of Return (5 years)
1.7%

Purchase Details

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Purchase price:
$289,900
Amount financed:
-$231,920
Down payment:
$57,980
Closing costs:
$8,697
Rehab costs:
$0
Initial cash invested:
$66,677
Square feet:
0
Cost per square foot:
n/a
Monthly rent per square foot:
n/a

Financing Details

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Loan amount:
$231,920
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.840%
Principal & interest:
$1,518
Property tax:
$178
Insurance:
$161
Private mortgage insurance (PMI):
$0
Monthly payment:
$1,857

Operating Income

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% Rent Monthly Yearly
Gross rent:
$2,300 $27,600
Vacancy loss: (6%)
6% -$138 -$1,656
Operating income:
$2,162 $25,944

Operating Expenses


% Rent Monthly Yearly
Property taxes: (8%)
8%-$178-$2,136
Insurance: (7%)
7%-$161-$1,932
Property management: (8%)
8%-$184-$2,208
Repairs & maintenance: (5%)
5%-$115-$1,380
Capital expenditures: (5%)
5%-$115-$1,380
HOA fees: (1%)
1%-$25-$300
Total operating expenses: (34%)
34%-$778-$9,336

Cash Flow


Monthly Yearly
Net operating income:
$1,384 $16,608
Mortgage payments:
-$1,518 -$18,216
Cash flow:
$134 $1,608