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$2,014 (target)

4936 Warrington Rd, Memphis, TN 38118

3 beds • 2 baths • 1432 sqft

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This property might be a fair Mid-Term investment with a projected 8.56% first-year return on $49,500 initial cash invested.

8.56%

Cash On Cash

9.78%

Cap Rate

1.55

DSCR

$2,014

Rent

$353

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,014 income − $1,661 expenses = $353 cash flow

Income$2,014Mortgage P&I$78839%Property Taxes$1357%Insurance$523%Management$24212%CapEx$814%Vacancy$603%Maintenance$814%Other$22211%Cash Flow$353

Investment Breakdown

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Purchase Price

$150k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,500

Downpayment

20%

$30,000

Closing costs

1%

$1,500

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$2,014

Total Expenses

$1,661

Mortgage P&I

39%

$788

Property Taxes

7%

$135

Home Insurance

3%

$52

HOA

0%

$0

Property Management

12%

$242

CapEx

4%

$81

Vacancy

3%

$60

Maintenance

4%

$81

Other

11%

$222

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