3325 Douglass Ave
Memphis, TN 38111
List Price
$48,900
Initial Investment
$42,669Purchase Price
$40,000
Down Payment
100%
Rent
$663
Total Return
$33,989
Annualized Return
14.4%
Cap Rate
11.5%
Gross Yield
19.9%
Cash Flow
$4,134
Appreciation
7.2%
Reset to DefaultEdit Assumptions
Features
Occupancy
Vacant
Lot Size
7,650
HOA
None
Flood Risk
Not Required
- Property is eligible for rent guarantee
- Memphis is home to FedEx World Hub and AutoZone and International Paper's Headquarters (All Fortune 1000 Companies)
- 5 minutes from University of Memphis
See more in Analysis
Annual Financial Highlights
Expected Rent
$7,553Expenses
-$2,718Property Taxes
-$700Loan Payments
$0Net Cash Flow
$4,134See more in Financials
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