4740 Chuck Ave

Memphis, TN 38118
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3 bd, 2 ba | 1,656 sqft | Built in 1961

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List Price
$79,000

Initial Investment

$21,373

Purchase Price

$77,000

Down Payment

25%

Rent

$895

Total Return

$49,691

Annualized Return

29.1%

Cap Rate

7.9%

Gross Yield

13.9%

Cash Flow

$1,308

Appreciation

9.4%
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Features

Occupancy

Occupied

Lease Start

03/23/2018

Lease End

03/22/2019

Lot Size

8,613

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$10,203

Expenses

-$3,208

Property Taxes

-$1,500

Loan Payments

-$4,186

Net Cash Flow

$1,308

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