786 Estridge Dr

Memphis, TN 38122
image0

3 bd, 1 ba | 10,000 sqft | Built in 1951

slider image
slider image
slider image

Favorite

List Price
$195,000

Initial Investment

$53,138

Purchase Price

$195,000

Down Payment

25%

Rent

$1,310

Total Return

$88,656

Annualized Return

21.4%

Cap Rate

5.2%

Gross Yield

8.1%

Cash Flow

-$975

Appreciation

8.3%
refreshReset to Default
Edit Assumptions
Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

0

HOA

None

Flood Risk

Not Required

Must see, Well-Maintained Home in Great East Memphis Neighborhood between Tutwiler View and High Point Terrace. Check out photos with current and virtual staging of updated kitchen, newer appliances, refinished hardwood floors, updated bath. Tankless hot water heater, Landscaped yard, spacious garage with shop area. Neighbors’ homes are also well-maintained, good looking community. Won’t last long.

MARKETS

View Stats

NEIGHBORHOOD

SCHOOLS

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

Annual Financial Highlights

Expected Rent

$14,934

Expenses

-$2,658

Property Taxes

-$2,650

Loan Payments

-$10,601

Net Cash Flow

-$975

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:Michael Frizzell
Agent License 301725
Adaro Realty, Inc.
Certified Agent Brokerage:Pablo Pereyra
901 Realtor
TN Brokerage License 264252
SourceMemphis Area Association of Realtors
MLS #10185087
Last Updated: 11/13/2024 16:11
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.