3869 Wordsworth Ave

Memphis, TN 38128
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3 bd, 1.5 ba | 1,304 sqft | Built in 1969

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List Price
$101,000

Initial Investment

$26,978

Purchase Price

$99,000

Down Payment

25%

Rent

$850

Total Return

$58,775

Annualized Return

26.5%

Cap Rate

6.3%

Gross Yield

10.3%

Cash Flow

$353

Appreciation

9.6%
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Features

Occupancy

Occupied

Lease Start

10/01/2020

Lease End

10/31/2021

Lot Size

8,500

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$9,690

Expenses

-$2,555

Property Taxes

-$1,400

Loan Payments

-$5,382

Net Cash Flow

$353

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