3908 Barton Dr

Memphis, TN 38116
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3 bd, 2 ba | 1,353 sqft | Built in 1955

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List Price
$169,900

Initial Investment

$46,298

Purchase Price

$169,900

Down Payment

25%

Rent

$1,260

Total Return

$85,581

Annualized Return

23.1%

Cap Rate

5.5%

Gross Yield

8.9%

Cash Flow

-$529

Appreciation

8.8%
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Features

Lot Size

10,472

HOA

None

Flood Risk

Not Required

Great Whitehaven house in a neighborhood full of renovated homes- Kitchen with new counter tops, fresh paint, tile floors and large laundry area right off the kitchen. Separate dining room with lots of natural light. Beautiful original hardwood floors throughout! 3 bedrooms. Primary bedroom with private full bathroom. Fenced backyard. Newer roof! Security system stays and the driveway has an extra parking pad!

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

Expected Rent

$14,364

Expenses

-$2,557

Property Taxes

-$3,100

Loan Payments

-$9,237

Net Cash Flow

-$529

See more in Financials

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.
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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:Hannah Smith
Agent License 307528
Enterprise, REALTORS
Certified Agent Brokerage:Pablo Pereyra
901 Realtor
TN Brokerage License 264252
SourceMemphis Area Association of Realtors
MLS #10148667
Last Updated: 05/25/2023 16:05
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