1665 Childers Ave
Memphis, TN 38127
List Price
$115,000
Initial Investment
$31,338Purchase Price
$115,000
Down Payment
25%
Rent
$980
Total Return
$68,789
Annualized Return
26.8%
Cap Rate
6.4%
Gross Yield
10.2%
Cash Flow
$583
Appreciation
9.6%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
13,905
HOA
None
Flood Risk
Not Required
Great Starter Home! Looking to add to your Investor Profile? This charming 3-bed, 1 bathroom home is the perfect place to start. Updated Bathroom and entire inside freshly Painted! Gorgeous brick and Rod Iron Fence to Back Yard with a Patio. New Furnace and A/C 2022, Hot Water Heater 2021, Aluminum Double Pane Windows 2021, Countertops and Kitchen Tile 4yrs old, Roof 2019. Walking distance to Frayser Corning Elementary School. Call me for a private showing!
See more in Analysis
Pablo Pereyra
901 Realtor
TN Agent License #287154
Annual Financial Highlights
Expected Rent
$11,172Expenses
-$2,237Property Taxes
-$2,100Loan Payments
-$6,252Net Cash Flow
$583See 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.
Similar Listings
Listing Courtesy of:Jennifer Clark
Agent License 339375
Jennifer Clark
Agent License 339375
Jennifer Clark
Certified Agent Brokerage:Pablo Pereyra
901 Realtor
TN Brokerage License 264252
901 Realtor
TN Brokerage License 264252
SourceMemphis Area Association of Realtors
MLS #10156953
Last Updated: 09/18/2023 17:09
MLS #10156953
Last Updated: 09/18/2023 17:09