2986 Croley Dr
Memphis, TN 38118
List Price
$78,000
Initial Investment
$21,038Purchase Price
$75,000
Down Payment
25%
Rent
$795
Total Return
$46,184
Annualized Return
27.5%
Cap Rate
7.4%
Gross Yield
12.7%
Cash Flow
$898
Appreciation
9.4%
Reset to DefaultEdit Assumptions
Features
Occupancy
Occupied
Lease Start
03/13/2019
Lease End
03/31/2020
Lot Size
8,141
HOA
None
Flood Risk
Not Required
- Brand new kitchen, bedrooms, and bathrooms, w/ luxury vinyl plank flooring in high traffic areas and stain resistant carpet
- Fully repainted interior and exterior, w/ upgraded electrical, plumbing, and water heater
- 7.2% cap rate with $5,000 in year one cash flow
- Comes with Roofstock Money Back and Rent Guarantees
See more in Analysis
Annual Financial Highlights
Expected Rent
$9,063Expenses
-$2,687Property Taxes
-$1,400Loan Payments
-$4,077Net Cash Flow
$898See more in Financials
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