1005 N Parkway

Memphis, TN 38105
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5 bd, 2 ba | 3,466 sqft | Built in 1927

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List Price
$151,750

Initial Investment

$40,976

Purchase Price

$126,500

Down Payment

25%

Rent

$1,600

Total Return

$71,067

Annualized Return

24.4%

Cap Rate

8.3%

Gross Yield

15.2%

Cash Flow

$2,901

Appreciation

8.4%
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Features

Occupancy

Unspecified

Lease Start

04/28/2017

Lease End

04/30/2018

Property Type

Duplex

Lot Size

7,500

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$18,240

Expenses

-$5,662

Property Taxes

-$2,800

Loan Payments

-$6,877

Net Cash Flow

$2,901

See more in Financials

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