4686 Royal View Dr Memphis, TN 38128
3bd, 2.5ba | 1,392sqft | Built in 2006
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Initial Investment
$113,736
List Price: $111,999
Purchase Price
$111,999
Down Payment
100%
Rent
$950

Total Return
$40,923
Annualized Return
7.1%
Cap Rate
6.4%
Gross Yield
10.2%
Cash Flow
$6,807
Appreciation
1.8%
Features
Occupancy
Month To Month
Lease Start
08/01/2015 
Lease End
M/M
Lot Size
6,095 
HOA
None
Flood Risk
Not Required
  • Attractive cap rate
  • Minimal immediate repairs needed
  • 2.5-star neighborhood

Annual Financial Highlight
Expected Rent
$10,830
Expenses
-$2,523
Property Taxes
-$1,500
Loan Payments
$0

Net Cash Flow
$6,807
Considerations
Property Characteristics    View Details



Inspection Contingency
This home will be inspected after the offer is accepted and prior to closing, during which time you can negotiate price or repairs based on the inspector's findings or cancel the contract. If any prior inspection reports are available, you'll find them in the Diligence Documents (Analysis tab).  If the latest inspection report is more than 4 months old, the home will be listed with an inspection contingency.
  • This property will be professionally inspected before closing.
  • You’ll have the opportunity to negotiate a lower price or repairs if any issues are identified during the inspection process.
  • Your earnest money deposit will be refunded if you cancel the transaction before the inspection contingency termination date.
  • Roofstock will let you know whether the property passes Roofstock Certification. If it fails, and you choose to carry on with the transaction, the Roofstock Guarantee will no longer apply unless issues are resolved prior to closing. 

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.