Properties

SOLD! 5230 Bucksport Ln, Memphis, TN 38118

Purchase Price:
$ 62,000.00
Estimated Value:
$ 96,000.00
Address:5230 Bucksport Memphis, Tennessee 38118
Property Type:Single Family Home
Beds/Baths:3 bed(s), 2 bath(s)
Square Feet:1241 sqft.
Year Built:2003

Property Description

Newly Rehabbed in Great Area 3 Bedroom 2 Bath with a 2 Car Garage

Property Information

Bedrooms: 3

Bathrooms: 2

Square Feet: 1241

Year Built: 2003

Property Type: Single Family Home

Heating/Cooling: Central Heat and Air

Construction: Brick

Garage Type: 2 Car Garage

Investment Snapshot

Physical Location


Full Cash Flow

Cash Flow (Yearly)
Rent Revenue
Vacancy
Eff. Gross Revenue
    Less: Taxes
    Less: Insurance
    Less: Management Cost
    Less: Maintenance
Total Oper. Expense
Net Income
    Less: Debt Payment
Net Cash Flow
Year 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
9,528.00 9,909.12 10,305.48 10,717.70 11,146.41 11,592.27 12,055.96 12,538.20 13,039.73 13,561.31 
(571.68) (594.55) (618.33) (643.06) (668.78) (695.54) (723.36) (752.29) (782.38) (813.68) 
8,956.32 9,314.57 9,687.16 10,074.64 10,477.63 10,896.73 11,332.60 11,785.91 12,257.34 12,747.64 
1,367.34 1,367.34 1,367.34 1,367.34 1,367.34 1,367.34 1,367.34 1,367.34 1,367.34 1,367.34 
468.00 468.00 468.00 468.00 468.00 468.00 468.00 468.00 468.00 468.00 
952.80 990.91 1,030.55 1,071.77 1,114.64 1,159.23 1,205.60 1,253.82 1,303.97 1,356.13 
750.00 750.00 750.00 750.00 750.00 750.00 750.00 750.00 750.00 750.00 
3,538.14 3,576.25 3,615.89 3,657.11 3,699.98 3,744.57 3,790.94 3,839.16 3,889.31 3,941.47 
5,418.18 5,738.32 6,071.27 6,417.53 6,777.65 7,152.17 7,541.67 7,946.75 8,368.03 8,806.16 
5,418.18 5,738.32 6,071.27 6,417.53 6,777.65 7,152.17 7,541.67 7,946.75 8,368.03 8,806.16 

Annual Cash on Cash Return

Full Cash Flow

Cash Flow (Yearly)
Rent Revenue
Vacancy
Eff. Gross Revenue
    Less: Taxes
    Less: Insurance
    Less: Management Cost
    Less: Maintenance
Total Oper. Expense
Net Income
    Less: Debt Payment
Net Cash Flow
Year 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
9,528.00 9,909.12 10,305.48 10,717.70 11,146.41 11,592.27 12,055.96 12,538.20 13,039.73 13,561.31 
(571.68) (594.55) (618.33) (643.06) (668.78) (695.54) (723.36) (752.29) (782.38) (813.68) 
8,956.32 9,314.57 9,687.16 10,074.64 10,477.63 10,896.73 11,332.60 11,785.91 12,257.34 12,747.64 
1,367.34 1,367.34 1,367.34 1,367.34 1,367.34 1,367.34 1,367.34 1,367.34 1,367.34 1,367.34 
468.00 468.00 468.00 468.00 468.00 468.00 468.00 468.00 468.00 468.00 
952.80 990.91 1,030.55 1,071.77 1,114.64 1,159.23 1,205.60 1,253.82 1,303.97 1,356.13 
750.00 750.00 750.00 750.00 750.00 750.00 750.00 750.00 750.00 750.00 
3,538.14 3,576.25 3,615.89 3,657.11 3,699.98 3,744.57 3,790.94 3,839.16 3,889.31 3,941.47 
5,418.18 5,738.32 6,071.27 6,417.53 6,777.65 7,152.17 7,541.67 7,946.75 8,368.03 8,806.16 
(6,566.82) (6,566.82) (6,566.82) (6,566.82) (6,566.82) (6,566.82) (6,566.82) 0.00 0.00 0.00 
(1,148.64) (828.50) (495.55) (149.29) 210.83 585.35 974.85 7,946.75 8,368.03 8,806.16 

Annual Cash on Cash Return

Contact Details

Contact Name: Christina

Contact Email: christina@memphisinvestment.com

Contact Cell Phone: 901-351-2878

64.6%

% of Market Value

8.7%

Cash on Cash Return
Cash Purchase