3310 Crain Cv

Memphis, TN 38128
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3 bd, 2 ba | 1,512 sqft | Built in 1967

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Curb View
List Price
$109,500

Initial Investment

$31,412

Purchase Price

$109,500

Down Payment

25%

Rent

$950

Total Return

$64,293

Annualized Return

25.6%

Cap Rate

6.4%

Gross Yield

10.4%

Cash Flow

$552

Appreciation

9.6%
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Features

Occupancy

Occupied

Lease Start

04/17/2020

Lease End

04/30/2021

Lot Size

6,191

HOA

None

Flood Risk

Not Required

  • Attractive 3 bed 2 bath with detached carport
  • Roof replaced in December 2020
  • Fenced in backyard
  • Seller recently made repairs on home, view inspection documents for more info
  • Get more insight into this market here

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NEIGHBORHOOD

SCHOOLS

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Annual Financial Highlights

Expected Rent

$10,830

Expenses

-$2,825

Property Taxes

-$1,500

Loan Payments

-$5,953

Net Cash Flow

$552

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