3858 Camelia Cv

Memphis, TN 38115
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3 bd, 2 ba | 1,370 sqft | Built in 1973

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List Price
$80,000

Initial Investment

$20,789

Purchase Price

$73,500

Down Payment

25%

Rent

$850

Total Return

$45,479

Annualized Return

28.5%

Cap Rate

8.4%

Gross Yield

13.9%

Cash Flow

$1,615

Appreciation

8.7%
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Features

Occupancy

Occupied

Lease Start

07/10/2019

Lease End

07/09/2020

Lot Size

7,680

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$9,690

Expenses

-$2,980

Property Taxes

-$1,100

Loan Payments

-$3,996

Net Cash Flow

$1,615

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