2495 Kimball Ave
Memphis, TN 38114
List Price
$135,000
Initial Investment
$36,788Purchase Price
$135,000
Down Payment
25%
Rent
$1,070
Total Return
$66,629
Annualized Return
23.1%
Cap Rate
5.9%
Gross Yield
9.5%
Cash Flow
$53
Appreciation
8.4%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
7,650
HOA
None
Flood Risk
Not Required
This is a show-stopper YOU have been looking for! Completely remodeled 4bedroom, 2baths home is move-in ready, everything is new; appliances stay. It also has a bonus room. And did I mention generous size backyard with inviting fire pit? Awesome for entertaining and having friends/family over for BBQ. Perfect for first-time homebuyer or can be great cash-flowing investment property. Close to amenities; low taxes.
See more in Analysis
Pablo Pereyra
901 Realtor
TN Agent License #287154
Annual Financial Highlights
Expected Rent
$12,198Expenses
-$2,356Property Taxes
-$2,450Loan Payments
-$7,339Net Cash Flow
$53See more in Financials
Property Characteristics
Buyer's Agent
An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
- You can contact your Agent with questions even before making an offer.
- A professional home inspection will be conducted prior to closing. This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor. As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.
Property Management
Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
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Listing Courtesy of:Olena Chambers
Agent License 357749
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Agent License 357749
KAIZEN Realty, LLC
Certified Agent Brokerage:Pablo Pereyra
901 Realtor
TN Brokerage License 264252
901 Realtor
TN Brokerage License 264252
SourceMemphis Area Association of Realtors
MLS #10177805
Last Updated: 07/26/2024 22:07
MLS #10177805
Last Updated: 07/26/2024 22:07