344 E Shelby Dr
Memphis, TN 38109
List Price
$62,000
Initial Investment
$19,939Purchase Price
$60,980
Down Payment
25%
Rent
$795
Total Return
$35,850
Annualized Return
25.0%
Cap Rate
8.7%
Gross Yield
15.6%
Cash Flow
$1,452
Appreciation
8.8%
Reset to DefaultEdit Assumptions
Features
Occupancy
Occupied
Lease Start
05/03/2019
Lease End
05/30/2020
Lot Size
10,727
HOA
None
Flood Risk
Not Required
See more in Analysis
Annual Financial Highlights
Expected Rent
$9,063Expenses
-$2,896Property Taxes
-$1,400Loan Payments
-$3,315Net Cash Flow
$1,452See more in Financials
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