5071 Newton Rd Memphis, TN 38109
3bd, 1ba | 975sqft | Built in 1958
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Initial Investment
$60,348
List Price: $59,000
Purchase Price
$59,000
Down Payment
100%
Rent
$695

Total Return
$25,867
Annualized Return
8.4%
Cap Rate
8.4%
Gross Yield
14.1%
Cash Flow
$4,469
Appreciation
1.8%
Features
Roofstock Certified
Occupancy
Occupied
Lease Start
10/06/2016 
Lease End
10/31/2019 
Lot Size
14,280 
HOA
None
Flood Risk
Not Required
  • Tenant in place; lease through 10/19
  • Single-level home located on quiet, tree-lined cul-de-sac
  • Large lot with mature trees
  • Requires minimal repair
  • Close to high school; convenient to airport (7 mi)

Annual Financial Highlight
Expected Rent
$7,923
Expenses
-$2,379
Property Taxes
-$1,075
Loan Payments
$0

Net Cash Flow
$4,469
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.

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