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240 Avon Rd, Memphis, TN 38117

4 beds • 3 baths • 2467 sqft

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This property looks like a bad Long-Term investment with a projected -15.42% first-year return on $98,700 initial cash invested.

-15.42%

Cash On Cash

3%

Cap Rate

0.51

DSCR

$2,570

Rent

-$1,268

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$470k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,700

Downpayment

20%

$94,000

Closing costs

1%

$4,700

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,570

Total Expenses

$3,838

Mortgage P&I

90%

$2,315

Property Taxes

27%

$692

Home Insurance

6%

$164

HOA

0%

$0

Property Management

10%

$257

CapEx

5%

$128

Vacancy

6%

$154

Maintenance

5%

$128

Other

0%

$0

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