275 Flynn Rd

Memphis, TN 38109
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3 bd, 1.5 ba | 1,295 sqft | Built in 1953

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List Price
$50,000

Initial Investment

$47,520

Purchase Price

$45,000

Down Payment

100%

Rent

$650

Total Return

$38,618

Annualized Return

14.2%

Cap Rate

9.4%

Gross Yield

17.3%

Cash Flow

$3,764

Appreciation

8.8%
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Features

Occupancy

Occupied

Lease Start

03/07/2018

Lease End

02/28/2019

Lot Size

9,900

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$7,410

Expenses

-$2,646

Property Taxes

-$1,000

Loan Payments

$0

Net Cash Flow

$3,764

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