3705 Suzanne Dr
Memphis, TN 38127
List Price
$62,000
Initial Investment
$16,855Purchase Price
$60,000
Down Payment
25%
Rent
$699
Total Return
$40,150
Annualized Return
29.9%
Cap Rate
8.2%
Gross Yield
14.0%
Cash Flow
$1,202
Appreciation
9.6%
Reset to DefaultEdit Assumptions
Features
Occupancy
Occupied
Lease Start
01/09/2019
Lease End
02/10/2020
Lot Size
9,208
HOA
None
Flood Risk
Not Required
- Meets 1% rule
- Attractive cap rate
- Opportunity for rent increase
- Minimal immediate repairs needed
See more in Analysis
Annual Financial Highlights
Expected Rent
$7,969Expenses
-$2,505Property Taxes
-$1,000Loan Payments
-$3,262Net Cash Flow
$1,202See more in Financials
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