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3981 Glendale Dr, Memphis, TN 38128

3 beds • 2 baths • 1863 sqft

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This property looks like a bad Long-Term investment with a projected -2.19% first-year return on $40,635 initial cash invested.

-2.19%

Cash On Cash

5.75%

Cap Rate

1

DSCR

$1,490

Rent

-$74

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$194k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$40,635

Downpayment

20%

$38,700

Closing costs

1%

$1,935

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,490

Total Expenses

$1,564

Mortgage P&I

62%

$927

Property Taxes

13%

$195

Home Insurance

4%

$56

HOA

0%

$0

Property Management

10%

$149

CapEx

5%

$74

Vacancy

6%

$89

Maintenance

5%

$74

Other

0%

$0

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