7187 Country Oaks Dr

Memphis, TN 38125
image0

4 bd, 3 ba | 2,240 sqft | Built in 1986

slider image
slider image
slider image

Favorite

List Price
$250,000

Initial Investment

$68,125

Purchase Price

$250,000

Down Payment

25%

Rent

$2,020

Total Return

$162,083

Annualized Return

28.5%

Cap Rate

6.5%

Gross Yield

9.7%

Cash Flow

$1,777

Appreciation

10.2%
refreshReset to Default
Edit Assumptions
Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

0

HOA

None

Flood Risk

Not Required

Wonderful 4br/3 full Bath/ Home in a Quiet Neighborhood ~Large Great Room w/fireplace ~Spacious Eat-in Kitchen w/lots of Cabinet space. Large Primary Bedroom Down & walk. This house offers 3 bedrooms down. One large bedroom upstairs with full bathroom. Also, upstairs is a large "unfinished Bonus room" - As is No repairs

MARKETS

View Stats

NEIGHBORHOOD

SCHOOLS

See more in Analysis
Pablo Pereyra
901 Realtor
TN Agent License #287154

Annual Financial Highlights

Expected Rent

$23,028

Expenses

-$4,259

Property Taxes

-$3,400

Loan Payments

-$13,591

Net Cash Flow

$1,777

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.
View Options

Similar Listings



Listing Courtesy of:Marilyn Taylor
Agent License 337836
Crye-Leike of MS, Inc.
Certified Agent Brokerage:Pablo Pereyra
901 Realtor
TN Brokerage License 264252
SourceMemphis Area Association of Realtors
MLS #10185561
Last Updated: 11/20/2024 23:11
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.