345 George Rd

Memphis, TN 38109
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3 bd, 1.5 ba | 1,152 sqft | Built in 1970

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3D Tour3D Model
List Price
$51,000

Initial Investment

$14,408

Purchase Price

$51,000

Down Payment

25%

Rent

$850

Total Return

$38,947

Annualized Return

35.9%

Cap Rate

11.4%

Gross Yield

20%

Cash Flow

$2,476

Appreciation

8.8%
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Features

Occupancy

Occupied

Lease Start

09/01/2016

Lease End

08/31/2018

Lot Size

8,500

HOA

None

Flood Risk

Not Required


MARKETS

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NEIGHBORHOOD

SCHOOLS

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Annual Financial Highlights

Expected Rent

$9,690

Expenses

-$3,500

Property Taxes

-$941

Loan Payments

-$2,773

Net Cash Flow

$2,476

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