5030 Flanders Ave Memphis, TN 38118
4bd, 1.5ba | 1,367sqft | Built in 1968
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Initial Investment
$99,816
List Price: $96,000
Purchase Price
$96,000
Down Payment
100%
Rent
$960

Total Return
$35,510
Annualized Return
7.0%
Cap Rate
7.2%
Gross Yield
12.0%
Cash Flow
$6,343
Appreciation
1.8%
Features
Roofstock Certified
Occupancy
Occupied
Lease Start
08/17/2018 
Lease End
08/16/2019 
Lot Size
9,892 
HOA
None
Flood Risk
Not Required
  • Filter delivery service charge included in monthly rent of $10.00

Annual Financial Highlight
Expected Rent
$10,944
Expenses
-$2,901
Property Taxes
-$1,700
Loan Payments
$0

Net Cash Flow
$6,343
Considerations
Property Characteristics    View Details

Roofstock Guarantee
Our industry-leading guarantee allows you to invest with total confidence, regardless of whether the home is leased or vacant.
  • All properties come with our 30-day money back guarantee
  • Enjoy guaranteed rent on vacant, rent-ready properties starting 45 days after closing. Plus, you will also pay no monthly management fees until your property is leased.
  • This offer applies to all single-family properties and excludes duplexes, triplexes and fourplexes.

Property Management   

Why choose?

From repairs and maintenance to communicating with tenants, our certified property management teams protect your assets and keep things running smoothly.