142 Angelus St

Memphis, TN 38104
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2 bd, 1 ba | 813 sqft | Built in 1920

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List Price
$139,000

Initial Investment

$37,878

Purchase Price

$139,000

Down Payment

25%

Rent

$1,060

Total Return

$62,790

Annualized Return

21.5%

Cap Rate

5.6%

Gross Yield

9.2%

Cash Flow

-$313

Appreciation

8.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

4,048

HOA

None

Flood Risk

Not Required

Great price for a Midtown property! HVAC system approximately 10 years old. Roof is approximately 9 years old. Crawl space has been encapsulated. A few minor finishing touches needed to make this a great home or investment property. No blind offers. No wholesale or assignment offers. Owner is in the process of turning the power back on.

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Pablo Pereyra
901 Realtor
TN Agent License #287154

Annual Financial Highlights

Expected Rent

$12,084

Expenses

-$2,290

Property Taxes

-$2,550

Loan Payments

-$7,557

Net Cash Flow

-$313

See more in Financials

Property Characteristics

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.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

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:Walter Jones
Agent License S-58720
Walter Jones
Certified Agent Brokerage:Pablo Pereyra
901 Realtor
TN Brokerage License 264252
SourceMemphis Area Association of Realtors
MLS #10194449
Last Updated: 04/17/2025 12:04
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