650 Keel Ave
Memphis, TN 38107
List Price
$325,000
Initial Investment
$88,563Purchase Price
$325,000
Down Payment
25%
Rent
$2,660
Total Return
$183,923
Annualized Return
26.2%
Cap Rate
6.6%
Gross Yield
9.8%
Cash Flow
$2,558
Appreciation
8.9%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
11,100
HOA
None
Flood Risk
Not Required
Charming complete rehab on this 20th century home! 4 bedroom/ 2 bathroom home minutes from Downtown/Harbor town. Upon arrival you will love the sprawling front porch. Step inside to discover an expansive living space adorned with gleaming hardwood floors. The heart of the home lies in its gorgeous large kitchen, boasting ample counter space, sleek cabinetry, and top-of-the-line appliances.Each bedroom is generously sized, providing plenty of space for relaxation and personalization.
See more in Analysis
Pablo Pereyra
901 Realtor
TN Agent License #287154
Annual Financial Highlights
Expected Rent
$30,324Expenses
-$5,647Property Taxes
-$4,450Loan Payments
-$17,669Net Cash Flow
$2,558See 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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901 Realtor
TN Brokerage License 264252
901 Realtor
TN Brokerage License 264252
SourceMemphis Area Association of Realtors
MLS #10169992
Last Updated: 04/12/2024 23:04
MLS #10169992
Last Updated: 04/12/2024 23:04