3777 Walsingham Dr

Memphis, TN 38128
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3 bd, 2 ba | 1,055 sqft | Built in 1979

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List Price
$115,000

Initial Investment

$26,841

Purchase Price

$98,500

Down Payment

25%

Rent

$1,075

Total Return

$67,002

Annualized Return

30.8%

Cap Rate

8.0%

Gross Yield

13.1%

Cash Flow

$1,957

Appreciation

9.6%
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Features

Occupancy

Vacant

Lease Up Guarantee

Yes

Lot Size

8,568

HOA

None

Flood Risk

Not Required

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  • 3 bedroom / 2 bath
  • Spacious rooms, including a large eat-in kitchen, a cozy living room, and nice yard
  • Located close to schools, parks, restaurants and markets

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Annual Financial Highlights

Expected Rent

$12,255

Expenses

-$3,343

Property Taxes

-$1,600

Loan Payments

-$5,355

Net Cash Flow

$1,957

See more in Financials

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