4311 Thistleway Dr

Memphis, TN 38141
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3 bd, 2 ba | 1,386 sqft | Built in 1977

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List Price
$125,900

Initial Investment

$31,338

Purchase Price

$115,000

Down Payment

25%

Rent

$1,200

Total Return

$61,774

Annualized Return

26.3%

Cap Rate

7.8%

Gross Yield

12.5%

Cash Flow

$1,978

Appreciation

7.7%
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Features

Occupancy

Occupied

Lease Start

10/02/2019

Lease End

09/30/2020

Lot Size

7,800

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$13,680

Expenses

-$3,650

Property Taxes

-$1,800

Loan Payments

-$6,252

Net Cash Flow

$1,978

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