Properties

SOLD! 3545 Glenshaw Drive, Memphis, TN 38128

Purchase Price:
$ 58,000.00
Estimated Value:
$ 69,000.00
Address:3545 Glenshaw Drive Memphis, Tennessee 38128
Property Type:Single Family Home
Beds/Baths:3 bed(s), 2 bath(s)
Square Feet:1200 sqft.
Year Built:1968

Property Description

3 Bedroom and 2 Full Bath home.  Very popular rental area.  Completly renovated!! Ready to rent. Close to shopping and great schools!!!

Property Information

Bedrooms: 3

Bathrooms: 2

Square Feet: 1200

Year Built: 1968

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
10,200.00 10,608.00 11,032.32 11,473.61 11,932.56 12,409.86 12,906.25 13,422.50 13,959.40 14,517.78 
(612.00) (636.48) (661.94) (688.42) (715.95) (744.59) (774.38) (805.35) (837.56) (871.07) 
9,588.00 9,971.52 10,370.38 10,785.20 11,216.60 11,665.27 12,131.88 12,617.15 13,121.84 13,646.71 
1,081.97 1,081.97 1,081.97 1,081.97 1,081.97 1,081.97 1,081.97 1,081.97 1,081.97 1,081.97 
552.00 552.00 552.00 552.00 552.00 552.00 552.00 552.00 552.00 552.00 
1,020.00 1,060.80 1,103.23 1,147.36 1,193.26 1,240.99 1,290.63 1,342.25 1,395.94 1,451.78 
750.00 750.00 750.00 750.00 750.00 750.00 750.00 750.00 750.00 750.00 
3,403.97 3,444.77 3,487.20 3,531.33 3,577.23 3,624.96 3,674.60 3,726.22 3,779.91 3,835.75 
6,184.03 6,526.75 6,883.18 7,253.86 7,639.38 8,040.31 8,457.28 8,890.93 9,341.93 9,810.97 
6,184.03 6,526.75 6,883.18 7,253.86 7,639.38 8,040.31 8,457.28 8,890.93 9,341.93 9,810.97 

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
10,200.00 10,608.00 11,032.32 11,473.61 11,932.56 12,409.86 12,906.25 13,422.50 13,959.40 14,517.78 
(612.00) (636.48) (661.94) (688.42) (715.95) (744.59) (774.38) (805.35) (837.56) (871.07) 
9,588.00 9,971.52 10,370.38 10,785.20 11,216.60 11,665.27 12,131.88 12,617.15 13,121.84 13,646.71 
1,081.97 1,081.97 1,081.97 1,081.97 1,081.97 1,081.97 1,081.97 1,081.97 1,081.97 1,081.97 
552.00 552.00 552.00 552.00 552.00 552.00 552.00 552.00 552.00 552.00 
1,020.00 1,060.80 1,103.23 1,147.36 1,193.26 1,240.99 1,290.63 1,342.25 1,395.94 1,451.78 
750.00 750.00 750.00 750.00 750.00 750.00 750.00 750.00 750.00 750.00 
3,403.97 3,444.77 3,487.20 3,531.33 3,577.23 3,624.96 3,674.60 3,726.22 3,779.91 3,835.75 
6,184.03 6,526.75 6,883.18 7,253.86 7,639.38 8,040.31 8,457.28 8,890.93 9,341.93 9,810.97 
(6,143.15) (6,143.15) (6,143.15) (6,143.15) (6,143.15) (6,143.15) (6,143.15) 0.00 0.00 0.00 
40.88 383.60 740.03 1,110.71 1,496.23 1,897.16 2,314.13 8,890.93 9,341.93 9,810.97 

Annual Cash on Cash Return

Contact Details

Contact Name: Christina Jones

Contact Email: christina@memphisinvestment.com

Contact Phone: 901-351-2878

84.1%

% of Market Value

10.7%

Cash on Cash Return
Cash Purchase