5203 Black Diamond Cv
Memphis, TN 38127
List Price
$71,900
Initial Investment
$20,100Purchase Price
$72,000
Down Payment
25%
Rent
$775
Total Return
$47,930
Annualized Return
29.8%
Cap Rate
8.1%
Gross Yield
12.9%
Cash Flow
$1,371
Appreciation
9.6%
Reset to DefaultEdit Assumptions
Features
Occupancy
Occupied
Lease Start
06/03/2020
Lease End
06/30/2021
Lot Size
2,475
HOA
None
Flood Risk
Not Required
- Roofstock Turnkey Property (go to join.roofstock.com/turnkey to learn more about the Roofstock Turnkey program)
- Meets 1% rule
- Located in quiet cul-de-sac with easy access to the interstate
- Close to Naval Base and Nike’s distribution center
- Free 1 year home warranty through American Home Shield paid by Seller
- Seller recently made repairs on home, view inspection documents for more info
See more in Analysis
Annual Financial Highlights
Expected Rent
$8,835Expenses
-$2,550Property Taxes
-$1,000Loan Payments
-$3,914Net Cash Flow
$1,371See more in Financials
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