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 Long-Term investment with a projected -16.77% first-year return on $111k initial cash invested.

-16.77%

Cash On Cash

2.62%

Cap Rate

0.45

DSCR

$2,450

Rent

-$1,547

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

$111k

Downpayment

20%

$105k

Closing costs

1%

$5,272

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,450

Total Expenses

$3,997

Mortgage P&I

105%

$2,577

Property Taxes

24%

$592

Home Insurance

8%

$192

HOA

0%

$0

Property Management

10%

$245

CapEx

5%

$122

Vacancy

6%

$147

Maintenance

5%

$122

Other

0%

$0

Loading map...

Comparable Property

Rent

Beds

Baths

SQFT

Distance

2020 Elzey Ave, Memphis, TN 38104

$3,200

3

3.5

2612

0.4 mi

1954 Elzey Ave, Memphis, TN 38104

$2,395

3

3

2153

0.3 mi

1777 Carr Ave, Memphis, TN 38104

$3,000

3

2.5

2297

0.2 mi

1787 Vinton Ave, Memphis, TN 38104

$2,400

3

2.5

2174

0.2 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis