2115 Wooden Heart Ct # 38
Memphis, TN 38116
List Price
$85,000
Initial Investment
$23,163Purchase Price
$85,000
Down Payment
25%
Rent
$1,320
Total Return
$64,279
Annualized Return
36.1%
Cap Rate
10.9%
Gross Yield
18.6%
Cash Flow
$3,778
Appreciation
8.8%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Property Type
Townhouse
Lot Size
3,750
HOA
None
Flood Risk
Not Required
Investment Opportunity! This spacious 3-bed, 2-bath townhouse comes with reliable paying tenants in place, offering immediate rental income. The property has been thoughtfully maintained and includes a brand new HVAC system, ensuring tenant comfort and reducing maintenance costs. With a prime location and steady rental history, this townhouse is a turnkey investment waiting for savvy buyers and investors. Don't miss out on this hassle-free income-generating property.View after accepted contract
See more in Analysis
Pablo Pereyra
901 Realtor
TN Agent License #287154
Annual Financial Highlights
Expected Rent
$15,048Expenses
-$5,099Property Taxes
-$1,550Loan Payments
-$4,621Net Cash Flow
$3,778See 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: 09/14/2023 22:09
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Last Updated: 09/14/2023 22:09