5839 Plum Valley Dr

Memphis, TN 38141
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2 bd, 2 ba | 1,399 sqft | Built in 1988

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For Sale

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List Price
$125,000

Initial Investment

$35,563
Pre-approval letter or proof of funds required.

$

about the purchase process.

Purchase Price

$125,000

Down Payment

25%

Rent

$995

Total Return

$59,435

Annualized Return

22.6%

Cap Rate

6.7%

Gross Yield

9.6%

Cash Flow

$980

Appreciation

7.7%
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Features

Occupancy

Month To Month

Lease Start

-

Lease End

-

Lot Size

3,840

HOA

None

Flood Risk

Not Required

Fantastic Investment Opportunity in 38141. This 2BD 2BA property was updated in mid-2021. Could be a great starter home. Enjoy the bright living room, dining room, den and eat-in kitchen. If that's not what were looking for then this would be a great cash flowing investment. Rental amount is currently $995/mo and lease ends on 5/1/2023

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

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Annual Financial Highlights

Expected Rent

$11,343

Expenses

-$2,195

Property Taxes

-$1,372

Loan Payments

-$6,796

Net Cash Flow

$980

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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