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$1,911 (target)

3083 Arrendale St, Memphis, TN 38118

3 beds • 2 baths • 1309 sqft

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This property might be a fair Mid-Term investment with a projected 8.49% first-year return on $45,951 initial cash invested.

8.49%

Cash On Cash

10.4%

Cap Rate

1.53

DSCR

$1,911

Rent

$325

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,911 income − $1,586 expenses = $325 cash flow

Income$1,911Mortgage P&I$75239%Property Taxes$1397%Insurance$472%Management$22912%CapEx$764%Vacancy$573%Maintenance$764%Other$21011%Cash Flow$325

Investment Breakdown

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Purchase Price

$133k

Downpayment

20.0%

Interest Rate

7.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,951

Downpayment

20%

$26,620

Closing costs

1%

$1,331

Rehab

0%

$0

Furnishing

14%

$18,000

Cashflow

Total Income

$1,911

Total Expenses

$1,586

Mortgage P&I

39%

$752

Property Taxes

7%

$139

Home Insurance

2%

$47

HOA

0%

$0

Property Management

12%

$229

CapEx

4%

$76

Vacancy

3%

$57

Maintenance

4%

$76

Other

11%

$210

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