872 N Evergreen St
Memphis, TN 38107
List Price
$129,900
Initial Investment
$35,398Purchase Price
$129,900
Down Payment
25%
Rent
$1,290
Total Return
$79,234
Annualized Return
28.4%
Cap Rate
7.6%
Gross Yield
11.9%
Cash Flow
$2,100
Appreciation
8.9%
Reset to DefaultEdit Assumptions
Features
Lot Size
7,200
HOA
None
Flood Risk
Not Required
Huge upside potential. Priced for quick AS/IS sale. Property vacant and available for inspection. Good condition with new HVAC, Water Heater, and much more. Location. Location. Location. Close to Rhodes College. Ready to be updated and sold to owner occupant for huge potential profit, or return to rental collecting $1450/mo current market rent.
See more in Analysis
Pablo Pereyra
901 Realtor
TN Agent License #287154
Annual Financial Highlights
Expected Rent
$14,706Expenses
-$3,194Property Taxes
-$2,350Loan Payments
-$7,062Net Cash Flow
$2,100See more in Financials
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.
- Properties listed on Roofstock are displayed from MLS data and are chosen by Roofstock for their investment potential—often as soon as it hits the market.
- You can be represented in the purchase by a Roofstock-affiliated real estate agent who is an expert in investment properties and knows the local market.
- Your offer can have an inspection contingency, which allows you to obtain a home inspection in order to review the property's condition.
- Upon introduction to the Roofstock-affiliated agent, you may discuss your investing strategy with the agent who will assist you in the buying process.
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 #10148741
Last Updated: 05/25/2023 23:05
MLS #10148741
Last Updated: 05/25/2023 23:05