1023 Oakview St

Memphis, TN 38114
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3 bd, 1.5 ba | 1,599 sqft | Built in 1960

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List Price
$179,000

Initial Investment

$48,778

Purchase Price

$179,000

Down Payment

25%

Rent

$1,270

Total Return

$82,235

Annualized Return

21.4%

Cap Rate

5.2%

Gross Yield

8.5%

Cash Flow

-$1,080

Appreciation

8.4%
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Features

Lot Size

14,700

HOA

None

Flood Risk

Not Required

Great Investment Opportunity or Owner Occupant. Minutes away from Cooper Young. Complete renovation! New roof, exterior paint, new flooring, and more! Double Lot with Detached two car garage. Closing Cost Available. Come See this One!

See more in Analysis
Pablo Pereyra
901 Realtor
TN Agent License #287154
Annual Financial Highlights

Expected Rent

$14,478

Expenses

-$2,577

Property Taxes

-$3,250

Loan Payments

-$9,731

Net Cash Flow

-$1,080

See more in Financials

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • Properties listed on Roofstock are displayed from MLS data and are chosen by Roofstock for their investment potential—often as soon as it hits the market.
  • You can be represented in the purchase by a Roofstock-affiliated real estate agent who is an expert in investment properties and knows the local market.
  • Your offer can have an inspection contingency, which allows you to obtain a home inspection in order to review the property's condition.
  • Upon introduction to the Roofstock-affiliated agent, you may discuss your investing strategy with the agent who will assist you in the buying process.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Carla Mosley
Agent License S-55283
Kaizen Realty
Certified Agent Brokerage:Pablo Pereyra
901 Realtor
TN Brokerage License 264252
SourceMemphis Area Association of Realtors
MLS #10148752
Last Updated: 05/26/2023 02:05
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