Sold

Address

511 Loraine Rd

Memphis TN 38109

List Price

$158,900

Phone

9016923195

Proforma

Rent

$1,295

Net Cash Flow

$1,053

Cash on Cash Return

9.10%

Cap Rate

7.89%

ROI

31.50%

INTEREST

6.375%

Bedrooms

3

Bathrooms

1.5

Square Feet

1,272

Parking

D

HOA

None

Neighborhood Score

B-

Scope of work

Roof

New

Heating System

New

Central AC

New

Water Heater

Approx 4-yr old

Flooring

Living Room / Kitchen / Bedrooms

Hard Surface

Appliances

Refrigerator

No

Range

No

Vent-a-hood

Yes

Dishwasher

No

General Content

Seller to pay $2,383.50 for interest rate buy down
0% Property Management Fee for 1 Year – Limited Time Promotion!

Documents

You might also like:

For Sale
Turnkey

5361 Sputnik Drive, Memphis, TN, USA

$161,500
Bedrooms

3

Bathrooms

2

Square FT

1,299

Rent

$1,350

Cash on Cash Return

9%

Total ROI

31.4%

Neighborhood

B-
For Sale
Turnkey

8168 Rockbridge Rd, Arlington, TN, USA

$373,900
Bedrooms

4

Bathrooms

2.5

Square FT

3,073

Rent

$2,595

Cash on Cash Return

3%

Total ROI

23.5%

Neighborhood

A+
Sold
Turnkey

4242 Escrow Street, Memphis, TN, USA

$192,900
Bedrooms

3

Bathrooms

3

Square FT

1,623

Rent

$1,395

Cash on Cash Return

5%

Total ROI

26.1%

Neighborhood

B+
Sold
Turnkey

6718 Pleasant Acres Drive, Olive Branch, MS, USA

$230,900
Bedrooms

3

Bathrooms

2

Square FT

1,176

Rent

$1,650

Cash on Cash Return

4.50%

Total ROI

25.4%

Neighborhood

A+