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$1,923 (target)

2937 Brandale St, Memphis, TN 38118

3 beds • 2 baths • 1510 sqft

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This property could be a profitable Mid-Term investment with a projected 20.45% first-year return on $37,089 initial cash invested.

20.45%

Cash On Cash

15.46%

Cap Rate

2.53

DSCR

$1,923

Rent

$632

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,923 income − $1,291 expenses = $632 cash flow

Income$1,923Mortgage P&I$46224%Property Taxes$1427%Insurance$322%Management$23112%CapEx$774%Vacancy$583%Maintenance$774%Other$21211%Cash Flow$632

Investment Breakdown

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Purchase Price

$90,900

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$37,089

Downpayment

20%

$18,180

Closing costs

1%

$909

Rehab

0%

$0

Furnishing

20%

$18,000

Cashflow

Total Income

$1,923

Total Expenses

$1,291

Mortgage P&I

24%

$462

Property Taxes

7%

$142

Home Insurance

2%

$32

HOA

0%

$0

Property Management

12%

$231

CapEx

4%

$77

Vacancy

3%

$58

Maintenance

4%

$77

Other

11%

$212

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