4659 Royal View Dr

Memphis, TN 38128
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4 bd, 2.5 ba | 1,847 sqft | Built in 2009

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List Price
$208,000

Initial Investment

$56,680

Purchase Price

$208,000

Down Payment

25%

Rent

$1,540

Total Return

$117,620

Annualized Return

25.2%

Cap Rate

5.5%

Gross Yield

8.9%

Cash Flow

-$364

Appreciation

9.6%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

8,468

HOA

None

Flood Risk

Not Required

2-story, single-family home in the Royal Oaks subdivision. This home offers 4 Bedrooms and 2.5 Bathrooms. The main level has a spacious Living/Dining combo, and a large eat-in Kitchen. The Kitchen has tile flooring and a passthrough window to the dining area. All bedrooms are upstairs. Big fenced back yard and 2-car attached garage!

See more in Analysis
Pablo Pereyra
901 Realtor
TN Agent License #287154

Annual Financial Highlights

Expected Rent

$17,556

Expenses

-$2,862

Property Taxes

-$3,750

Loan Payments

-$11,308

Net Cash Flow

-$364

See 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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Listing Courtesy of:Christopher Stjernholm
Agent License 2020040993
Trelora Realty, Inc. (Christopher Stjernholm - MS)
Certified Agent Brokerage:Pablo Pereyra
901 Realtor
TN Brokerage License 264252
SourceMemphis Area Association of Realtors
MLS #10169704
Last Updated: 04/09/2024 17:04
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