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$1,127 (target)

685 McWhirter Ave, Memphis, TN 38127

3 beds • 2 baths • 1086 sqft

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This property could be a profitable Long-Term investment with a projected 13.37% first-year return on $19,656 initial cash invested.

13.37%

Cash On Cash

9.86%

Cap Rate

1.56

DSCR

$1,127

Rent

$219

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,127 income − $908 expenses = $219 cash flow

Income$1,127Mortgage P&I$49444%Property Taxes$898%Insurance$323%Management$11310%CapEx$565%Vacancy$686%Maintenance$565%Cash Flow$219

Investment Breakdown

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Purchase Price

$93,600

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$19,656

Downpayment

20%

$18,720

Closing costs

1%

$936

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,127

Total Expenses

$908

Mortgage P&I

44%

$494

Property Taxes

8%

$89

Home Insurance

3%

$32

HOA

0%

$0

Property Management

10%

$113

CapEx

5%

$56

Vacancy

6%

$68

Maintenance

5%

$56

Other

0%

$0

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