2552 Monette Ave
Memphis, TN 38127
List Price
$57,500
Initial Investment
$58,893Purchase Price
$56,500
Down Payment
100%
Rent
$708
Total Return
$49,950
Annualized Return
14.6%
Cap Rate
8.4%
Gross Yield
15.0%
Cash Flow
$4,267
Appreciation
9.6%
Reset to DefaultEdit Assumptions
Features
Occupancy
Month To Month
Lease Start
04/30/2018
Lease End
M/M
Lot Size
12,372
HOA
None
Flood Risk
Not Required
- Tenant in place, month-to-month
- Single-level brick home on large lot
- Extra large living area
- Laundry connects finished garage with storage and workspace
- Close to schools, shopping, services and many parks
See more in Analysis
Annual Financial Highlights
Expected Rent
$8,071Expenses
-$2,686Property Taxes
-$1,118Loan Payments
$0Net Cash Flow
$4,267See more in Financials
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