901 Restbrook Ave
Memphis, TN 38127
List Price
$95,000
Initial Investment
$25,888Purchase Price
$95,000
Down Payment
25%
Rent
$910
Total Return
$66,482
Annualized Return
31.9%
Cap Rate
8.4%
Gross Yield
11.5%
Cash Flow
$2,300
Appreciation
9.6%
Reset to DefaultEdit Assumptions
Features
Lot Size
14,000
HOA
None
Flood Risk
Not Required
Just rehabbed. Fresh paint inside and out, new flooring throughout, new lighting, refreshed bathroom, roof, water heater, and furnace installed 2020, new AC unit in living room. Ready to go for a family or add to your investment portfolio. Has a detached 2 car garage currently being utilized as a storage space. Also available for rent at a rate of $1,025 per month and can be sold as a package with 2572 Dunn Ave., 38114.
See more in Analysis
Pablo Pereyra
901 Realtor
TN Agent License #287154
Annual Financial Highlights
Expected Rent
$10,374Expenses
-$2,209Property Taxes
-$700Loan Payments
-$5,165Net Cash Flow
$2,300See 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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