5102 April Cv

Memphis, TN 38109
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3 bd, 2.5 ba | 2,441 sqft | Built in 1966

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List Price
$270,000

$29.9K

Initial Investment

$73,575

Purchase Price

$270,000

Down Payment

25%

Rent

$1,900

Total Return

$123,165

Annualized Return

20.9%

Cap Rate

4.6%

Gross Yield

8.4%

Cash Flow

-$3,039

Appreciation

8.8%
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Features

Lot Size

19,929

HOA

None

Flood Risk

Not Required

Welcome to this 3 bedroom 2.5 bathrooms home with a separate living room and dining room area. Off of the living room area you will see a sunroom that provides an amazing view. This home sits on almost a half an acre lot right on a lake. The back yard offers matured trees which doubles as shade when you want to sit outside and enjoy the tranquil view. Come see it today!!

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

Expected Rent

$21,660

Expenses

-$4,620

Property Taxes

-$5,400

Loan Payments

-$14,679

Net Cash Flow

-$3,039

See more in Financials

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.
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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:Kenneth Woods
Agent License 359642
Keller Williams
Certified Agent Brokerage:Pablo Pereyra
901 Realtor
TN Brokerage License 264252
SourceMemphis Area Association of Realtors
MLS #10148804
Last Updated: 06/02/2023 17:06
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