265 Honduras Ave

Memphis, TN 38109
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3 bd, 1 ba | 925 sqft | Built in 1965

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List Price
$67,000

Initial Investment

$17,440

Purchase Price

$64,000

Down Payment

25%

Rent

$725

Total Return

$39,556

Annualized Return

29.0%

Cap Rate

8.1%

Gross Yield

13.6%

Cash Flow

$1,231

Appreciation

8.8%
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Features

Occupancy

Vacant

Lot Size

16,704

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$8,265

Expenses

-$2,454

Property Taxes

-$1,100

Loan Payments

-$3,479

Net Cash Flow

$1,231

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