442 S Parkway E
Memphis, TN 38106
List Price
$120,000
Initial Investment
$32,700Purchase Price
$120,000
Down Payment
25%
Rent
$1,210
Total Return
$73,648
Annualized Return
30.3%
Cap Rate
9.2%
Gross Yield
12.1%
Cash Flow
$3,769
Appreciation
7.7%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
8,250
HOA
None
Flood Risk
Not Required
If you are looking for a Crafty, Bungalow duplex, just minutes away from downtown Memphis, this is a great one to make your investment; This one has already been started and waiting on you to complete it. Bring your best tools, and let's get the job finished with this creative money maker. Each unit has 2 bedrooms and one bathroom. The seller encourages your best offer to get his deal of the day.
See more in Analysis
Pablo Pereyra
901 Realtor
TN Agent License #287154
Annual Financial Highlights
Expected Rent
$13,794Expenses
-$3,021Property Taxes
-$480Loan Payments
-$6,524Net Cash Flow
$3,769See more in Financials
Property Characteristics
Buyer's Agent
An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
- You can contact your Agent with questions even before making an offer.
- A professional home inspection will be conducted prior to closing. This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor. As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.
Property Management
Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
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901 Realtor
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901 Realtor
TN Brokerage License 264252
SourceMemphis Area Association of Realtors
MLS #10156860
Last Updated: 09/16/2023 19:09
MLS #10156860
Last Updated: 09/16/2023 19:09