REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

660 S McLean Blvd, Memphis, TN 38104

3 beds • 3 baths • 2647 sqft

Email

This property looks like a bad Airbnb investment with a projected -14.88% first-year return on $129k initial cash invested.

-14.88%

Cash On Cash

2.54%

Cap Rate

0.43

DSCR

$3,395

Rent

-$1,596

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$527k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$129k

Downpayment

20%

$105k

Closing costs

1%

$5,272

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,395

Total Expenses

$4,991

Mortgage P&I

76%

$2,577

Property Taxes

17%

$592

Home Insurance

6%

$192

HOA

0%

$0

Property Management

15%

$509

CapEx

4%

$136

Vacancy

0%

$0

Maintenance

4%

$136

Other

25%

$849

Loading map...

Comparable Property

Rent

ADR

Beds

Baths

Distance

Spacious midtown house w electric charging

$3,240

$201

3

3

0.53 mi

Retro Memphis Game House! Mini Golf, Fire Pit!

$5,159

$320

3

2.5

0.5 mi

Firepit•Pool•Music•Family-Friendly

$6,078

$377

3

2.5

0.6 mi

Pied-à-terre in Overton Square

$3,273

$203

3

2.5

0.61 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis