4235 Argonne St

Memphis, TN 38127
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3 bd, 1.5 ba | 1,000 sqft | Built in 1959

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List Price
$66,000

Initial Investment

$16,379

Purchase Price

$59,500

Down Payment

25%

Rent

$725

Total Return

$40,444

Annualized Return

30.7%

Cap Rate

8.4%

Gross Yield

14.6%

Cash Flow

$1,247

Appreciation

9.6%
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Features

Occupancy

Occupied

Lease Start

02/27/2015

Lease End

04/30/2018

Lot Size

13,242

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$8,265

Expenses

-$2,566

Property Taxes

-$1,218

Loan Payments

-$3,235

Net Cash Flow

$1,247

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