5163 Longacre Ave

Bartlett, TN 38134
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4 bd, 2.1 ba | 1,799 sqft | Built in 1970

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For Sale

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List Price
$239,000

Initial Investment

$65,128
Pre-approval letter or proof of funds required.

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about the purchase process.

Purchase Price

$239,000

Down Payment

25%

Rent

$1,700

Total Return

$138,471

Annualized Return

25.0%

Cap Rate

5.0%

Gross Yield

8.5%

Cash Flow

-$1,746

Appreciation

10.3%
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Features

Occupancy

Vacant

Vacancy Protection

Yes

Lot Size

10,500

HOA

None

Flood Risk

Not Required

Wow factor with this home! Not only is it move in ready, well taken care of, and renovated- this property has a backyard that you'll never want to leave. The owners have: created lovely raised beds with growing food and an irrigation system, built a large screened in porch, and planted multiple fruit trees on the property. New roof, new HVAC, new floors, and freshly painted. Beautifully renovated kitchen and bathrooms. Separate laundry. 1 car attached garage. Don't let this one get away!

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

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Annual Financial Highlights

Expected Rent

$19,380

Expenses

-$4,436

Property Taxes

-$3,696

Loan Payments

-$12,993

Net Cash Flow

-$1,746

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:Pablo Pereyra
901, REALTORS
Certified Agent Brokerage:Pablo Pereyra
901 Realtor
TN Brokerage License 264252
SourceMemphis Area Association of Realtors
MLS #10137942
Last Updated: 11/29/2022 07:11
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.