3021 S Perkins Rd

Memphis, TN 38118
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3 bd, 2 ba | 1,050 sqft | Built in 1958

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List Price
$79,800

Initial Investment

$16,523

Purchase Price

$57,000

Down Payment

25%

Rent

$925

Total Return

$42,997

Annualized Return

33.8%

Cap Rate

10.5%

Gross Yield

19.5%

Cash Flow

$2,271

Appreciation

9.4%
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Features

Occupancy

Vacant

Lot Size

10,500

HOA

None

Flood Risk

Not Required


  • Single-level home with fence yard; easy access to I-240

    • Buy It Now: Offers at list price include an American Home Shield home warranty.


    MARKETS

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    NEIGHBORHOOD

    SCHOOLS

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    Annual Financial Highlights

    Expected Rent

    $10,545

    Expenses

    -$3,675

    Property Taxes

    -$1,500

    Loan Payments

    -$3,099

    Net Cash Flow

    $2,271

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