6843 Wrigley Dr

Cordova, TN 38018
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3 bd, 2 ba | 1,331 sqft | Built in 1999

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List Price
$160,000

Initial Investment

$47,511

Purchase Price

$170,000

Down Payment

25%

Rent

$1,150

Total Return

$91,614

Annualized Return

23.2%

Cap Rate

4.7%

Gross Yield

8.1%

Cash Flow

-$1,692

Appreciation

10.0%
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Features
Roofstock Certified

Occupancy

Month To Month

Lease Up Guarantee

Yes

Lease Start

10/01/2019

Lease End

M/M

Lot Size

4,218

HOA

$23/mo

Flood Risk

Not Required

  • Recent repairs costing $8,000 to the property include an updated fully functioning roof, electrical repairs, new smoke detectors, pluming updates, etc. Please see supporting documents in due diligence materials.
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Annual Financial Highlights

Expected Rent

$13,110

Expenses

-$3,360

Property Taxes

-$2,200

Loan Payments

-$9,242

Net Cash Flow

-$1,692

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