4225 Kenosha Rd

Memphis, TN 38118
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4 bd, 2 ba | 1,799 sqft | Built in 1964

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For Sale

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List Price
$229,900

Initial Investment

$62,648
Pre-approval letter or proof of funds required.

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about the purchase process.

Purchase Price

$229,900

Down Payment

25%

Rent

$1,500

Total Return

$113,164

Annualized Return

21.9%

Cap Rate

4.5%

Gross Yield

7.8%

Cash Flow

-$2,943

Appreciation

9.4%
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Features

Occupancy

Vacant

Vacancy Protection

Yes

Lot Size

11,032

HOA

None

Flood Risk

Not Required

Check out this absolutely gorgeous HOME! This newly renovated home features 4 bedrooms & 2 full bath, jacuzzi tub on master bathroom , separate shower, 2 walking closet. laundry room, a Bonus room that can be used as a playroom. All NEW; Roof, HVAC system, laminated plank floors throughout, fresh paint inside & out, newly grass planted on front and back yard. Can't forget the beautifully updated & modern kitchen with newly tiled back splash. Don't miss out, schedule your showing today!

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

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Annual Financial Highlights

Expected Rent

$17,100

Expenses

-$4,000

Property Taxes

-$3,544

Loan Payments

-$12,499

Net Cash Flow

-$2,943

See more in Financials

Property Characteristics

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.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

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:Pablo Pereyra
901, REALTORS
Certified Agent Brokerage:Pablo Pereyra
901 Realtor
TN Brokerage License 264252
SourceMemphis Area Association of Realtors
MLS #10137962
Last Updated: 12/04/2022 07:12
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.