1895 S Lauderdale St

Memphis, TN 38106
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3 bd, 1.5 ba | 1,510 sqft | Built in 1945

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List Price
$51,500

Initial Investment

$49,703

Purchase Price

$48,500

Down Payment

100%

Rent

$665

Total Return

$38,867

Annualized Return

13.8%

Cap Rate

8.9%

Gross Yield

16.5%

Cash Flow

$3,882

Appreciation

7.7%
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Features

Occupancy

Occupied

Lease Start

07/13/2018

Lease End

07/12/2019

Lot Size

10,285

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$7,581

Expenses

-$2,699

Property Taxes

-$1,000

Loan Payments

$0

Net Cash Flow

$3,882

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