2061 Pendleton St
Memphis, TN 38114
List Price
$70,000
Initial Investment
$19,075Purchase Price
$70,000
Down Payment
25%
Rent
$860
Total Return
$46,052
Annualized Return
31.6%
Cap Rate
9.4%
Gross Yield
14.7%
Cash Flow
$2,194
Appreciation
8.4%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
6,466
HOA
None
Flood Risk
Not Required
Great opportunity for investors or first-time buyers! This cozy 2-bed, 1-bath home is the perfect starter or rental property. With its functional layout and prime location, it's an ideal investment opportunity. Don't wait – seize this chance to make it yours!
See more in Analysis
Pablo Pereyra
901 Realtor
TN Agent License #287154
Annual Financial Highlights
Expected Rent
$9,804Expenses
-$2,504Property Taxes
-$1,300Loan Payments
-$3,806Net Cash Flow
$2,194See 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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Last Updated: 04/12/2024 14:04
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Last Updated: 04/12/2024 14:04