4087 Chippewa Rd
Memphis, TN 38118
List Price
$65,000
Initial Investment
$18,685Purchase Price
$66,000
Down Payment
25%
Rent
$795
Total Return
$43,901
Annualized Return
29.8%
Cap Rate
8.4%
Gross Yield
14.5%
Cash Flow
$1,437
Appreciation
9.4%
Reset to DefaultEdit Assumptions
Features
Occupancy
Occupied
Lease Start
05/28/2015
Lease End
06/30/2021
Lot Size
8,995
HOA
None
Flood Risk
Not Required
- Attractive cap rate
- Leased to June 2021
- 3 bed 1 bath ranch with attached carport
- Located at the end of cul-de-sac of main road
- Quiet, residential neighborhood near shopping and
- Professional roofer inspection recommended
- Get more insight into this market here
See more in Analysis
Annual Financial Highlights
Expected Rent
$9,063Expenses
-$2,838Property Taxes
-$1,200Loan Payments
-$3,588Net Cash Flow
$1,437See more in Financials
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