4340 Snowmass Ln

Memphis, TN 38141
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3 bd, 2 ba | 1,606 sqft | Built in 1986

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List Price
$128,500

Initial Investment

$36,639

Purchase Price

$128,600

Down Payment

25%

Rent

$1,215

Total Return

$62,972

Annualized Return

23.3%

Cap Rate

7.0%

Gross Yield

11.3%

Cash Flow

$1,356

Appreciation

7.7%
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Features

Occupancy

Occupied

Lease Start

05/06/2019

Lease End

11/30/2020

Lot Size

4,335

HOA

$9/mo

Flood Risk

Not Required

  • Seller recently made repairs on home, view inspection documents for more info
  • Get more insight into this market here

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NEIGHBORHOOD

SCHOOLS

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Annual Financial Highlights

Expected Rent

$13,851

Expenses

-$3,704

Property Taxes

-$1,800

Loan Payments

-$6,991

Net Cash Flow

$1,356

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