3159 Saint Charles Dr
Memphis, TN 38127
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List Price
$53,000
Initial Investment
$51,005Purchase Price
$50,000
Down Payment
100%
Rent
$695
Total Return
$46,853
Annualized Return
15.6%
Cap Rate
9.1%
Gross Yield
16.7%
Cash Flow
$4,066
Appreciation
9.6%
Reset to DefaultEdit Assumptions
Features
Occupancy
Occupied
Lease Start
03/15/2019
Lease End
03/31/2020
Lot Size
12,047
HOA
None
Flood Risk
Not Required
- Seller has fixed all electrical issues noted on inspection, SEE INVOICE IN DILIGENCE DOCUMENTS
- New 30 year roof and 3 ton HVAC system
- New plumbing/electrical fixtures, cabinets, and counters
- New Sherwin Williams exterior and interior paint
- 8.6% cap rate
See more in Analysis
Annual Financial Highlights
Expected Rent
$7,923Expenses
-$2,657Property Taxes
-$1,200Loan Payments
$0Net Cash Flow
$4,066See more in Financials
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