4272 Old Allen Rd

Memphis, TN 38128
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4 bd, 1 ba | 1,053 sqft | Built in 1971

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List Price
$50,000

Initial Investment

$46,176

Purchase Price

$45,080

Down Payment

100%

Rent

$650

Total Return

$42,111

Annualized Return

15.5%

Cap Rate

9.1%

Gross Yield

17.3%

Cash Flow

$3,647

Appreciation

9.6%
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Features

Occupancy

Occupied

Lease Start

08/17/2018

Lease End

08/12/2019

Lot Size

8,460

HOA

None

Flood Risk

Not Required

  • Brand New Roof as of 9/2018, invoice in document center
  • New window AC units installed 8/2018, invoice in document center

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Annual Financial Highlights

Expected Rent

$7,410

Expenses

-$2,563

Property Taxes

-$1,200

Loan Payments

$0

Net Cash Flow

$3,647

See more in Financials

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