4693 Lone Rock Cv-Memphis-38128, Shelby

4693 Lone Rock Cv

Memphis, TN 38128

3 bd, 2 ba | 1,074 sqft | Built in 1973

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List Price

$122,500

Initial Investment

$33,381

Purchase Price

$122,500

Down Payment

25%

Rent

$1,020

Total Return

$72,622

Annualized Return

26.5%

Cap Rate

6.3%

Gross Yield

10.0%

Cash Flow

$417

Appreciation

9.6%

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Features

Occupancy

Unspecified

Lease Start

Lease End

Lot Size

7,885

HOA

None

Flood Risk

Not Required

Good looking corporate owned home selling as is. Open floor plan for this 3 bedroom, 2 full bath home in move in condition and ready for the new owner. Don't miss this opportunity for a great home or investment property. The Property must be listed in the MLS system a minimum of 7 calendar days before any offer is accepted.

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Pablo Pereyra

901 Realtor

TN Agent License #287154

Annual Financial Highlights

Expected Rent

$11,628

Expenses

-$2,301

Property Taxes

-$2,250

Loan Payments

-$6,660

Net Cash Flow

$417

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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Similar Listings

Listing Courtesy of:Jimmie Tapley
Agent License 209672
Crye-Leike, Inc., REALTORS

Certified Agent Brokerage:Pablo Pereyra
901 Realtor
TN Brokerage License 264252

SourceMemphis Area Association of Realtors
MLS #10170177
Last Updated: 04/23/2024 23:04

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