3328 Benjestown Rd

Memphis, TN 38127
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3 bd, 1 ba | 1,038 sqft | Built in 1951

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List Price
$109,500

Initial Investment

$29,839

Purchase Price

$109,500

Down Payment

25%

Rent

$930

Total Return

$63,096

Annualized Return

25.7%

Cap Rate

6.0%

Gross Yield

10.2%

Cash Flow

$102

Appreciation

9.6%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

9,410

HOA

None

Flood Risk

Not Required

Seller to pay property management thru the end of the current lease. With an additional 100.00 per month thru current lease. 3 bedroom 1 bath Charming single family residence with great location with neighborhood. Rehab details are the following Exterior - roof installed within past 5 years, newer vinyl siding, new front door and security doors. New light fixture. Interior - Fresh paint, new flooring, new light fixtures, new mini blinds, new

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Pablo Pereyra
901 Realtor
TN Agent License #287154

Annual Financial Highlights

Expected Rent

$10,602

Expenses

-$2,547

Property Taxes

-$2,000

Loan Payments

-$5,953

Net Cash Flow

$102

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Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
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Similar Listings



Listing Courtesy of:Bill Pointer
Agent License 242319
NuHomes
Certified Agent Brokerage:Pablo Pereyra
901 Realtor
TN Brokerage License 264252
SourceMemphis Area Association of Realtors
MLS #10171277
Last Updated: 05/18/2024 21:05
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