3082 Overton Crossing St

Memphis, TN 38127
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4 bd, 1 ba | 1,374 sqft | Built in 1951

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List Price
$65,000

Initial Investment

$17,371

Purchase Price

$62,500

Down Payment

25%

Rent

$825

Total Return

$44,456

Annualized Return

32.1%

Cap Rate

9.1%

Gross Yield

15.8%

Cash Flow

$1,712

Appreciation

9.6%
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Features

Occupancy

Occupied

Lease Start

02/01/2019

Lease End

01/31/2020

Lot Size

15,807

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$9,405

Expenses

-$3,095

Property Taxes

-$1,200

Loan Payments

-$3,398

Net Cash Flow

$1,712

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