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$1,282 (target)

2937 Brandale St, Memphis, TN 38118

3 beds • 2 baths • 1510 sqft

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This property could be a profitable Long-Term investment with a projected 19.68% first-year return on $19,089 initial cash invested.

19.68%

Cash On Cash

11.08%

Cap Rate

1.82

DSCR

$1,282

Rent

$313

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,282 income − $969 expenses = $313 cash flow

Income$1,282Mortgage P&I$46236%Property Taxes$14211%Insurance$322%Management$12810%CapEx$645%Vacancy$776%Maintenance$645%Cash Flow$313

Investment Breakdown

|

Purchase Price

$90,900

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$19,089

Downpayment

20%

$18,180

Closing costs

1%

$909

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,282

Total Expenses

$969

Mortgage P&I

36%

$462

Property Taxes

11%

$142

Home Insurance

3%

$32

HOA

0%

$0

Property Management

10%

$128

CapEx

5%

$64

Vacancy

6%

$77

Maintenance

5%

$64

Other

0%

$0

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