4305 Lansford Dr

Memphis, TN 38128
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3 bd, 2 ba | 1,462 sqft | Built in 1967

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List Price
$92,750

Initial Investment

$24,982

Purchase Price

$87,000

Down Payment

25%

Rent

$990

Total Return

$59,181

Annualized Return

30.0%

Cap Rate

8.3%

Gross Yield

13.7%

Cash Flow

$1,969

Appreciation

9.6%
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Features

Occupancy

Occupied

Lease Start

07/12/2019

Lease End

07/13/2020

Lot Size

8,750

HOA

None

Flood Risk

Not Required

  • Utility & Maintenance Reduction Program fee included in monthly rent of $15

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Annual Financial Highlights

Expected Rent

$11,286

Expenses

-$3,188

Property Taxes

-$1,400

Loan Payments

-$4,730

Net Cash Flow

$1,969

See more in Financials

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