1028 Mirror Lake Ln

Cordova, TN 38018

3 bd, 2 ba | 2,394 sqft | Built in 1994

List Price
$235,000

Initial Investment

$64,038

Purchase Price

$235,000

Down Payment

25%

Rent

$1,795

Total Return

$135,977

Annualized Return

25.3%

Cap Rate

5.4%

Gross Yield

9.2%

Cash Flow

-$894

Appreciation

10.0%
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Features

Occupancy

Vacant

Lot Size

8,236

HOA

$38/mo

Flood Risk

Not Required


MARKETS

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NEIGHBORHOOD

SCHOOLS

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Annual Financial Highlights

Expected Rent

$20,463

Expenses

-$5,113

Property Taxes

-$3,469

Loan Payments

-$12,776

Net Cash Flow

-$894

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