5304 Laurelfield Ln Memphis, TN 38125
3bd, 2ba | 1,459sqft | Built in 2005
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Initial Investment
$156,166
List Price: $153,000
Purchase Price
$153,000
Down Payment
100%
Rent
$1,150

Total Return
$52,264
Annualized Return
6.6%
Cap Rate
5.9%
Gross Yield
9.0%
Cash Flow
$8,776
Appreciation
1.8%
Features
Roofstock Certified
Occupancy
Occupied
Lease Start
01/01/2017 
Lease End
03/31/2020 
Lot Size
3,920 
HOA
None
Flood Risk
Not Required
  • 2005 year build in 3.5 star Memphis neighborhood
  • Leased through 03/2020
  • <$1,000 in immediate repairs
  • Professionally managed by Roofstock preferred manager, Renshaw Property Management

Annual Financial Highlight
Expected Rent
$13,110
Expenses
-$2,734
Property Taxes
-$1,600
Loan Payments
$0

Net Cash Flow
$8,776
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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