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$1,607 (target)

1864 Macaulay Ave, Memphis, TN 38127

3 beds • 2 baths • 1467 sqft

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This property could be a profitable Long-Term investment with a projected 13.94% first-year return on $27,888 initial cash invested.

13.94%

Cash On Cash

10.02%

Cap Rate

1.57

DSCR

$1,607

Rent

$324

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,607 income − $1,283 expenses = $324 cash flow

Income$1,607Mortgage P&I$70544%Property Taxes$1077%Insurance$543%Management$16110%CapEx$805%Vacancy$966%Maintenance$805%Cash Flow$324

Investment Breakdown

|

Purchase Price

$133k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$27,888

Downpayment

20%

$26,560

Closing costs

1%

$1,328

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,607

Total Expenses

$1,283

Mortgage P&I

44%

$705

Property Taxes

7%

$107

Home Insurance

3%

$54

HOA

0%

$0

Property Management

10%

$161

CapEx

5%

$80

Vacancy

6%

$96

Maintenance

5%

$80

Other

0%

$0

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