319 Burwood Dr

Memphis, TN 38109
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4 bd, 2 ba | 1,970 sqft | Built in 1965

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List Price
$80,000

Initial Investment

$23,883

Purchase Price

$73,000

Down Payment

25%

Rent

$890

Total Return

$40,626

Annualized Return

23.6%

Cap Rate

8.1%

Gross Yield

14.6%

Cash Flow

$1,310

Appreciation

8.8%
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Features

Occupancy

Occupied

Lease Start

08/07/2017

Lease End

07/31/2019

Lot Size

7,800

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$10,146

Expenses

-$3,368

Property Taxes

-$1,500

Loan Payments

-$3,969

Net Cash Flow

$1,310

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