Example Rental

Class B, gentrifying area that has a good chance of going up in value over the next five years

Return to Track Record

861 N Barksdale St Memphis, Tennessee 38107

  • 3 Beds
  • 3.0 Baths
  • 2,013 Sqft
  • % Cash on Cash

Cost & Income

Purchase Price
$243,131
Renovation Costs
$13,827
Development Fee
$3,500
Total Basis
$260,458
Purchase Date
06/24/22
Date Rented -1192 days
Gross Rent
$1,675/mo
Vacancy (5.00%)
($7)
Property Mgmt (7.50%)
($126)
Other Expenses
($1,914)
Net Operating Income
$-372/mo
Cap Rate
-1.71%

Levered Cash Return
Not including any appreciation

Appraised Value
$1,209,830
Loan (75% LTV)
$907,373
LTC %
348%
Cash In
$-646,915
Yield on Cash
7.70%
Net Operating Income
$-4,460
Debt Service (P&I)
($58,435)
Cash Flow %
$-62,895
Principal Paydown %
$13,066
Total Income
$-49,829
861 N Barksdale St
Estimated Value
$1,209,830
Value Over Cost
$949,372
Initial Capital Gain
364.50%

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