Property Listing

5366 Maiden Grass Memphis, TN 38135


Property Overview

PROPERTY INFORMATION
5366 Maiden Grass
Memphis, TN 38135

Purchase Price $114,900.00
Number of Bedrooms 3
Number of Bathrooms 2
Car Storage 2 Car Garage
Estimated Rent Range $950-$1050
Rent Amount for Calculations $1,050.00
Estimated Annual Property Taxes $1,112.00
Estimated Annual Homeowners Insurance $500.00
Estimated Annual HOA Dues $0.00
Estimated Annual Vacancy Expense (5%) $630.00
Estimated Annual Maintenance Expense (5%) $630.00
Estimated Annual Management Fee (10% and Lease Fee) $1,610.00
Year Built 2002
Square Footage 1,236
Price Per Square Foot $92.96

SUMMARY OF RETURNS BY PURCHASE METHOD
Estimated Cash Purchase Gross Monthly Income $781.50
Estimated Cash Purchase Gross Return on Investment 8.16%
Estimated Monthly Gross Cash Flow Bridge IRA Leveraging $26.94
Estimated Annual Return Bridge IRA Leveraging 0.56%
Estimated Monthly Gross Cash Flow Conventional Financing $318.89
Estimated Annual Return Conventional Financing 13.32%

Property Details
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