4230 Kerwin Dr

Memphis, TN 38128
image0

3 bd, 1 ba | 1,119 sqft | Built in 1964

slider image
slider image
slider image
List Price
$62,000

Initial Investment

$19,742

Purchase Price

$60,000

Down Payment

25%

Rent

$725

Total Return

$39,634

Annualized Return

27.1%

Cap Rate

8.9%

Gross Yield

14.5%

Cash Flow

$1,609

Appreciation

9.6%
refreshReset to Default
Edit Assumptions
Features

Occupancy

Occupied

Lease Start

05/01/2020

Lease End

05/31/2021

Lot Size

8,832

HOA

None

Flood Risk

Not Required

  • 3-bed, 1-bath single-family home
  • Attractive cap rate
  • Less than 1 mile from schools and shopping
  • Seller recently made repairs on home, view inspection documents for more info

See more in Analysis

Have a question for us?

We’re happy to help!

Ask a Question

Annual Financial Highlights

Expected Rent

$8,265

Expenses

-$2,594

Property Taxes

-$800

Loan Payments

-$3,262

Net Cash Flow

$1,609

See more in Financials

Similar Listings