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1659 Jackson Ave, Memphis, TN 38107

3 beds • 2 baths • 1830 sqft

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This property might be a fair Mid-Term investment with a projected 8.73% first-year return on $56,934 initial cash invested.

8.73%

Cash On Cash

9.65%

Cap Rate

1.54

DSCR

$2,650

Rent

$414

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$185k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,934

Downpayment

20%

$37,080

Closing costs

1%

$1,854

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,650

Total Expenses

$2,236

Mortgage P&I

37%

$971

Property Taxes

11%

$297

Home Insurance

2%

$66

HOA

0%

$0

Property Management

12%

$318

CapEx

4%

$106

Vacancy

3%

$80

Maintenance

4%

$106

Other

11%

$292

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