7226 German Creek Park

Memphis, TN 38125
image0

3 bd, 2 ba | 1,406 sqft | Built in 1987

slider image
slider image
slider image
List Price
$110,000

Initial Investment

$27,795

Purchase Price

$102,000

Down Payment

25%

Rent

$1,050

Total Return

$70,966

Annualized Return

30.8%

Cap Rate

7.6%

Gross Yield

12.4%

Cash Flow

$1,636

Appreciation

10.2%
refreshReset to Default
Edit Assumptions
Features

Occupancy

Unspecified

Lease Start

05/01/2021

Lease End

04/30/2022

Lot Size

3,920

HOA

None

Flood Risk

Not Required

  • Tenant is section 8
  • The flooring just got replaced this year on the ground floor.
  • Recently painted (front and back doors).
  • Get more insight into this market here

See more in Analysis

Have a question for us?

We’re happy to help!

Ask a Question

Annual Financial Highlights

Expected Rent

$11,970

Expenses

-$3,289

Property Taxes

-$1,500

Loan Payments

-$5,545

Net Cash Flow

$1,636

See more in Financials

Similar Listings