1507 Mount Moriah Rd

Memphis, TN 38117
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3 bd, 1 ba | 1,012 sqft | Built in 1956

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List Price
$98,900

Initial Investment

$25,842

Purchase Price

$94,833

Down Payment

25%

Rent

$850

Total Return

$53,375

Annualized Return

26.0%

Cap Rate

6.6%

Gross Yield

10.8%

Cash Flow

$656

Appreciation

8.9%
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Features

Occupancy

Occupied

Lease Start

09/14/2018

Lease End

08/31/2020

Lot Size

9,328

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$9,690

Expenses

-$2,478

Property Taxes

-$1,400

Loan Payments

-$5,156

Net Cash Flow

$656

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