4574 Summer Crk N

Memphis, TN 38141
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3 bd, 2 ba | 1,094 sqft | Built in 1989

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List Price
$115,000

Initial Investment

$29,975

Purchase Price

$110,000

Down Payment

25%

Rent

$1,450

Total Return

$70,945

Annualized Return

32.0%

Cap Rate

9.9%

Gross Yield

15.8%

Cash Flow

$4,125

Appreciation

7.7%
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Features

Occupancy

Vacant

Lot Size

3,310

HOA

None

Flood Risk

Not Required

  • Vacant property
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Annual Financial Highlights

Expected Rent

$16,530

Expenses

-$4,824

Property Taxes

-$1,600

Loan Payments

-$5,980

Net Cash Flow

$4,125

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