Properties

5190 Walnut Grove, Memphis, TN 38117

Purchase Price:
$ 415,000.00
Estimated Value:
$ 475,000.00
Address:5190 Walnut Grove Road , Tennessee 38117
Property Type:Single Family Home
Beds/Baths:5+ bed(s), 3 bath(s)
Square Feet:4270 sqft.
Year Built:1956

Property Description

Beautiful home owned by famous Memphis Wrestler Jerry Lawler. 5 Bedroom 3 Bathroom
Comes complete with 1.7% finance.  Yes that's right 1.7% interest.

Is cashflow neutral while it pays itself off this is a nearly no money down way to own a blue chip Memphis home. Your deposit is the difference between the balance of the financing and asking so enquire today.

Property Information

Bedrooms: 5+

Bathrooms: 3

Square Feet: 4270

Year Built: 1956

Property Type: Single Family Home

Heating/Cooling: Central Heat and Air

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
26,700.00 27,768.00 28,878.72 30,033.87 31,235.22 32,484.63 33,784.02 35,135.38 36,540.79 38,002.43 
(1,602.00) (1,666.08) (1,732.72) (1,802.03) (1,874.11) (1,949.08) (2,027.04) (2,108.12) (2,192.45) (2,280.15) 
25,098.00 26,101.92 27,146.00 28,231.84 29,361.11 30,535.55 31,756.98 33,027.26 34,348.35 35,722.28 
5,829.16 5,829.16 5,829.16 5,829.16 5,829.16 5,829.16 5,829.16 5,829.16 5,829.16 5,829.16 
1,728.00 1,728.00 1,728.00 1,728.00 1,728.00 1,728.00 1,728.00 1,728.00 1,728.00 1,728.00 
2,670.00 2,776.80 2,887.87 3,003.39 3,123.52 3,248.46 3,378.40 3,513.54 3,654.08 3,800.24 
1,000.08 1,000.08 1,000.08 1,000.08 1,000.08 1,000.08 1,000.08 1,000.08 1,000.08 1,000.08 
11,227.24 11,334.04 11,445.11 11,560.63 11,680.76 11,805.70 11,935.64 12,070.78 12,211.32 12,357.48 
13,870.76 14,767.88 15,700.88 16,671.21 17,680.35 18,729.85 19,821.33 20,956.48 22,137.03 23,364.80 
- - - - - - - - - - 
13,870.76 14,767.88 15,700.88 16,671.21 17,680.35 18,729.85 19,821.33 20,956.48 22,137.03 23,364.80 

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
26,700.00 27,768.00 28,878.72 30,033.87 31,235.22 32,484.63 33,784.02 35,135.38 36,540.79 38,002.43 
(1,602.00) (1,666.08) (1,732.72) (1,802.03) (1,874.11) (1,949.08) (2,027.04) (2,108.12) (2,192.45) (2,280.15) 
25,098.00 26,101.92 27,146.00 28,231.84 29,361.11 30,535.55 31,756.98 33,027.26 34,348.35 35,722.28 
5,829.16 5,829.16 5,829.16 5,829.16 5,829.16 5,829.16 5,829.16 5,829.16 5,829.16 5,829.16 
1,728.00 1,728.00 1,728.00 1,728.00 1,728.00 1,728.00 1,728.00 1,728.00 1,728.00 1,728.00 
2,670.00 2,776.80 2,887.87 3,003.39 3,123.52 3,248.46 3,378.40 3,513.54 3,654.08 3,800.24 
1,000.08 1,000.08 1,000.08 1,000.08 1,000.08 1,000.08 1,000.08 1,000.08 1,000.08 1,000.08 
11,227.24 11,334.04 11,445.11 11,560.63 11,680.76 11,805.70 11,935.64 12,070.78 12,211.32 12,357.48 
13,870.76 14,767.88 15,700.88 16,671.21 17,680.35 18,729.85 19,821.33 20,956.48 22,137.03 23,364.80 
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 
13,870.76 14,767.88 15,700.88 16,671.21 17,680.35 18,729.85 19,821.33 20,956.48 22,137.03 23,364.80 

Annual Cash on Cash Return

Contact Details

Contact Name: Christina

Contact Email: christina@memphisinvestment.com

Contact Cell Phone: 901-351-2878

Download Summary

87.4%

% of Market Value

3.3%

Cash on Cash Return
Cash Purchase
Revenue & Expenses
Key analytics
Initial Cash Investment $ 416,500.00
Immediate Equity $ 60,000.00
Monthly Net Cashflow year 1 $ 13,870.76
Monthly Net Cashflow year 10 $ 23,364.80
Key analytics
Initial Cash Investment $ 416,500.00
Immediate Equity $ 60,000.00
Monthly Net Cashflow year 1 $ 13,870.76
Monthly Net Cashflow year 10 $ 23,364.80