957 N Dunlap St

Memphis, TN 38107
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4 bd, 2 ba | 2,361 sqft | Built in 1923

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List Price
$170,000

Initial Investment

$46,325

Purchase Price

$170,000

Down Payment

25%

Rent

$2,720

Total Return

$146,087

Annualized Return

41.5%

Cap Rate

12.5%

Gross Yield

19.2%

Cash Flow

$10,734

Appreciation

8.9%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

9,625

HOA

None

Flood Risk

Not Required

This is s great add to your investment portfolio. Owner managed property. This tenant is section 8 and rents are currently 1700 per month. Tenant wants to remain. Please drive by only do not disturb tenant. Make offer contingent upon viewing

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

Annual Financial Highlights

Expected Rent

$31,008

Expenses

-$8,682

Property Taxes

-$2,350

Loan Payments

-$9,242

Net Cash Flow

$10,734

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:Cassandra Bell-warren
Agent License 17878
Cassandra Bell-warren
Certified Agent Brokerage:Pablo Pereyra
901 Realtor
TN Brokerage License 264252
SourceMemphis Area Association of Realtors
MLS #10180635
Last Updated: 09/06/2024 09:09
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