3325 Douglass Ave

Memphis, TN 38111
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2 bd, 1 ba | 805 sqft | Built in 1950

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List Price
$75,000

Initial Investment

$23,163

Purchase Price

$85,000

Down Payment

25%

Rent

$700

Total Return

$37,293

Annualized Return

21.7%

Cap Rate

6.5%

Gross Yield

9.9%

Cash Flow

$404

Appreciation

7.2%
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Features

Occupancy

Month To Month

Lease Start

12/16/2020

Lease End

M/M

Lot Size

7,650

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$7,980

Expenses

-$2,081

Property Taxes

-$874

Loan Payments

-$4,621

Net Cash Flow

$404

See more in Financials

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