1764 Dale Lavern Rd

Memphis, TN 38116
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4 bd, 1 ba | 1,716 sqft | Built in 1959

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List Price
$154,900

$5.1K

Initial Investment

$42,210

Purchase Price

$154,900

Down Payment

25%

Rent

$1,450

Total Return

$90,661

Annualized Return

27.2%

Cap Rate

7.1%

Gross Yield

11.2%

Cash Flow

$1,897

Appreciation

8.8%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

12,241

HOA

None

Flood Risk

Not Required

Fantastic home and ready for a new family! Hardwood & tile throughout with fresh paint. Neutral colors and a blank pallet, ready for your own personal touches. Huge, fenced backyard! Easy to show and easy to view! Let's make this your new home today!

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

Annual Financial Highlights

Expected Rent

$16,530

Expenses

-$3,311

Property Taxes

-$2,900

Loan Payments

-$8,421

Net Cash Flow

$1,897

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:Ryan Woolbright
Agent License 326176
Premier Realty Group, LLC
Certified Agent Brokerage:Pablo Pereyra
901 Realtor
TN Brokerage License 264252
SourceMemphis Area Association of Realtors
MLS #10169970
Last Updated: 05/03/2024 15:05
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