Property Listing

3995 Gavick Memphis, TN 38125


Property Overview

PROPERTY INFORMATION
3995 Gavick
Memphis, TN 38125
Purchase Price $100,900.00
Number of Bedrooms 3
Number of Bathrooms 2.5
Car Storage 2 Car Garage
Estimated Rent Range $895-$995
Rent Amount for Calculations $995.00
Estimated Annual Property Taxes $875.09
Estimated Annual Homeowners Insurance $500.00
Estimated Annual HOA Dues $0.00
Estimated Annual Vacancy Expense (5%) $597.00
Estimated Annual Maintenance Expense (5%) $597.00
Estimated Annual Management Fee (10% and Lease Fee) $1,525.67
Year Built 1996
Square Footage 1,387
Price Per Square Foot $72.75

SUMMARY OF RETURNS BY PURCHASE METHOD
Estimated Cash Purchase Gross Monthly Income $753.27
Estimated Cash Purchase Gross Return on Investment 8.96%
Estimated Monthly Gross Cash Flow Bridge IRA Leveraging $90.65
Estimated Annual Return Bridge IRA Leveraging 2.16%
Estimated Monthly Gross Cash Flow Conventional Financing $406.61
Estimated Annual Return Conventional Financing 13.43%
Property Details
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