9374 Eckley Pl

Cordova, TN 38018
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4 bd, 2 ba | 1,700 sqft | Built in 2018

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List Price
$192,000

Initial Investment

$51,982

Purchase Price

$188,000

Down Payment

25%

Rent

$1,575

Total Return

$121,048

Annualized Return

28.3%

Cap Rate

6.6%

Gross Yield

10.1%

Cash Flow

$1,750

Appreciation

10.0%
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Features

Occupancy

Occupied

Lease Start

10/19/2018

Lease End

10/21/2019

Lot Size

10,890

HOA

$12/mo

Flood Risk

Not Required

  • Minimal immediate repairs needed
  • 4.5-star neighborhood
  • Attractive cap rate

See more in Analysis

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Annual Financial Highlights

Expected Rent

$17,955

Expenses

-$4,085

Property Taxes

-$1,900

Loan Payments

-$10,221

Net Cash Flow

$1,750

See more in Financials

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