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
  • 1.0 Baths
  • 2,000 Sqft
  • -2.99% 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
($650)
Net Operating Income
$893/mo
Cap Rate
4.11%

Levered Cash Return
Not including any appreciation

Appraised Value
$261,600
Loan (75% LTV)
$196,200
LTC %
75%
Cash In
$64,258
Yield on Cash
1.40%
Net Operating Income
$10,712
Debt Service (P&I)
($12,635)
Cash Flow -2.99%
$-1,924
Principal Paydown 4.40%
$2,825
Total Income
$902
861 N Barksdale St
Estimated Value
$261,600
Value Over Cost
$1,142
Initial Capital Gain
0.44%

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