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444 Alexander St, Memphis, TN 38111

3 beds • 2 baths • 1939 sqft

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This property looks like a bad Long-Term investment with a projected -13.9% first-year return on $86,772 initial cash invested.

-13.9%

Cash On Cash

3.16%

Cap Rate

0.55

DSCR

$2,121

Rent

-$1,005

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$413k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,772

Downpayment

20%

$82,640

Closing costs

1%

$4,132

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,121

Total Expenses

$3,126

Mortgage P&I

94%

$1,986

Property Taxes

21%

$440

Home Insurance

7%

$149

HOA

0%

$0

Property Management

10%

$212

CapEx

5%

$106

Vacancy

6%

$127

Maintenance

5%

$106

Other

0%

$0

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