5076 Oak Meadow Ave

Memphis, TN 38134
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3 bd, 2 ba | 1,572 sqft | Built in 1966

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List Price
$195,000

Initial Investment

$53,138

Purchase Price

$195,000

Down Payment

25%

Rent

$1,540

Total Return

$117,448

Annualized Return

26.1%

Cap Rate

5.5%

Gross Yield

9.5%

Cash Flow

-$582

Appreciation

10.3%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

10,260

HOA

None

Flood Risk

Not Required

Good looking well-built brick home. Original hardwood floors. Fantastic large deck and patio in back of home. Ample parking space. Large back yard with chain link fence. Formal dining room, living room and den. Smooth ceilings throughout. Nearby shopping and easy access to I-240.

See more in Analysis
Pablo Pereyra
901 Realtor
TN Agent License #287154

Annual Financial Highlights

Expected Rent

$17,556

Expenses

-$3,987

Property Taxes

-$3,550

Loan Payments

-$10,601

Net Cash Flow

-$582

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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Listing Courtesy of:Weesie Percer
Agent License 283048
Keller Williams
Certified Agent Brokerage:Pablo Pereyra
901 Realtor
TN Brokerage License 264252
SourceMemphis Area Association of Realtors
MLS #10168477
Last Updated: 03/22/2024 19:03
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