4562 Hodge Rd

Memphis, TN 38109
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4 bd, 1.5 ba | 2,080 sqft | Built in 1958

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List Price
$84,774

Initial Investment

$21,043

Purchase Price

$75,000

Down Payment

25%

Rent

$964

Total Return

$46,802

Annualized Return

28.8%

Cap Rate

8.5%

Gross Yield

15.4%

Cash Flow

$1,641

Appreciation

8.8%
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Features

Occupancy

Occupied

Lease Start

01/01/2017

Lease End

11/01/2017

Lot Size

11,200

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$10,990

Expenses

-$3,707

Property Taxes

-$1,564

Loan Payments

-$4,077

Net Cash Flow

$1,641

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