1894 Pendleton St

Memphis, TN 38114
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6 bd, 3 ba | 2,034 sqft | Built in 1952

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List Price
$83,000

Initial Investment

$85,180

Purchase Price

$83,000

Down Payment

100%

Rent

$1,058

Total Return

$68,807

Annualized Return

14.1%

Cap Rate

8.6%

Gross Yield

15.3%

Cash Flow

$6,404

Appreciation

8.4%
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Features

Occupancy

Month To Month

Lease Start

04/10/2018

Lease End

M/M

Lot Size

8,929

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$12,061

Expenses

-$3,958

Property Taxes

-$1,700

Loan Payments

$0

Net Cash Flow

$6,404

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