3010 Meadows Ln

Memphis, TN 38118
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3 bd, 2 ba | 1,588 sqft | Built in 1994

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List Price
$89,393

Initial Investment

$23,026

Purchase Price

$84,500

Down Payment

25%

Rent

$895

Total Return

$52,115

Annualized Return

28.0%

Cap Rate

7.2%

Gross Yield

12.7%

Cash Flow

$900

Appreciation

9.4%
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Features

Occupancy

Occupied

Lease Start

02/28/2017

Lease End

03/01/2018

Property Type

Unspecified

Lot Size

3,267

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$10,203

Expenses

-$3,059

Property Taxes

-$1,650

Loan Payments

-$4,594

Net Cash Flow

$900

See more in Financials

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