3745 Donna Dr

Memphis, TN 38127
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3 bd, 2 ba | 1,232 sqft | Built in 1958

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List Price
$170,000

Initial Investment

$46,325

Purchase Price

$170,000

Down Payment

25%

Rent

$1,140

Total Return

$88,305

Annualized Return

23.0%

Cap Rate

4.8%

Gross Yield

8.0%

Cash Flow

-$1,659

Appreciation

9.6%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

9,800

HOA

None

Flood Risk

Not Required

This newly renovated home features three bedrooms, two bathrooms, and a versatile bonus room perfect for an additional bedroom, office, or playroom. It boasts a new kitchen and bathrooms, fresh paint throughout, hardwood flooring, and new tile in the kitchen and baths.

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Pablo Pereyra
901 Realtor
TN Agent License #287154

Annual Financial Highlights

Expected Rent

$12,996

Expenses

-$2,313

Property Taxes

-$3,100

Loan Payments

-$9,242

Net Cash Flow

-$1,659

See 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:Claudia Routh
Agent License 372321
TRG Real Estate Services, LLC
Certified Agent Brokerage:Pablo Pereyra
901 Realtor
TN Brokerage License 264252
SourceMemphis Area Association of Realtors
MLS #10184737
Last Updated: 11/07/2024 03:11
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.