3643 Dumas St

Memphis, TN 38127
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3 bd, 1 ba | 875 sqft | Built in 1952

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List Price
$89,900

Initial Investment

$24,498

Purchase Price

$89,900

Down Payment

25%

Rent

$880

Total Return

$60,025

Annualized Return

30.3%

Cap Rate

7.9%

Gross Yield

11.7%

Cash Flow

$1,633

Appreciation

9.6%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

14,000

HOA

None

Flood Risk

Not Required

Here's your chance to own an excellent investment property or owner/occupant. Tile floors throughout. Good size lot! Vacant, easy to show!

See more in Analysis
Pablo Pereyra
901 Realtor
TN Agent License #287154

Annual Financial Highlights

Expected Rent

$10,032

Expenses

-$2,262

Property Taxes

-$1,250

Loan Payments

-$4,887

Net Cash Flow

$1,633

See more in Financials

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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Listing Courtesy of:Caleb Parr
Agent License 340494
Renshaw Company, REALTORS
Certified Agent Brokerage:Pablo Pereyra
901 Realtor
TN Brokerage License 264252
SourceMemphis Area Association of Realtors
MLS #10170107
Last Updated: 04/15/2024 20:04
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