4831 Royal Run Dr

Memphis, TN 38128
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3 bd, 2.5 ba | 1,397 sqft | Built in 2006

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List Price
$102,499

Initial Investment

$28,883

Purchase Price

$102,499

Down Payment

25%

Rent

$923

Total Return

$65,306

Annualized Return

28.2%

Cap Rate

7.3%

Gross Yield

10.8%

Cash Flow

$1,383

Appreciation

9.6%
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Features

Occupancy

Unspecified

Lease Start

09/20/2014

Lease End

09/30/2015

Lot Size

5,781

HOA

None

Flood Risk

Not Required

  • Previous Inspection Report available in the Analysis Tab (Additional photos and systems & appliances review)
  • Located Northeast of Memphis, it’s close vicinity to nearby shopping centers and destinations like Memphis International Raceway and Charles W. Baker Airport
  • Seller recently made repairs on home, view inspection documents for more info
  • Get more insight into this market here

See more in Analysis

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Annual Financial Highlights

Expected Rent

$10,517

Expenses

-$2,761

Property Taxes

-$800

Loan Payments

-$5,572

Net Cash Flow

$1,383

See more in Financials

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