601 N Hollywood St

Memphis, TN 38112
image0

3 bd, 2 ba | 1,480 sqft | Built in 1926

slider image
slider image
slider image
List Price
$95,000

Initial Investment

$26,347

Purchase Price

$92,000

Down Payment

25%

Rent

$850

Total Return

$51,672

Annualized Return

25.2%

Cap Rate

6.8%

Gross Yield

11.1%

Cash Flow

$740

Appreciation

9.0%
refreshReset to Default
Edit Assumptions
Features

Occupancy

Occupied

Lease Start

12/19/2020

Lease End

11/30/2022

Lot Size

6,250

HOA

None

Flood Risk

Not Required

  • Seller had $45k of rehab work done, view inspection documents for more info
  • Attractive 3 bed 2 bath
  • New HVAC installed December 2020
  • Near parks, schools, and shopping

See more in Analysis

Have a question for us?

We’re happy to help!

Ask a Question

Annual Financial Highlights

Expected Rent

$9,690

Expenses

-$2,648

Property Taxes

-$1,300

Loan Payments

-$5,002

Net Cash Flow

$740

See more in Financials

Similar Listings