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Capitalization Rate

Rent Rate (est.)

Total Return 

Annualized Return 

Gross Yield 

Cash Flow 

Appreciation 

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5003 Tulane Road Memphis, TN 38109

This 4 beds 1 and a half home is undergoing a full renovation and repair. This includes pressure washing, painting exterior brick, replacing damaged wood/trim/siding, installing new doors, light fixtures, smoke detectors, and window screens, painting interior walls, ceilings, and closets, adding new installations such as blinds, doorknobs, and doorstops, and replacing broken light switch and outlet covers.

In addition, the kitchen will be upgraded with new paint, cabinets, hardware, and countertops, and a new dishwasher will be added. The bathroom will be renovated with a new sink/cabinet combo, tile, toilet seat, toilet paper holder, and vanity light fixture.

The locks will be rekeyed and security doors will be installed on the front and side. Plumbing and electrical repairs will be done as needed. The HVAC system and roof will be replaced if necessary.

Finally, landscaping will be done including mowing the yard and ensuring a 10 ft clearance for tree branches above the roof.

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Sales Price:

$150,000

Occupancy Status:

Special Offer:

Type:

Bedrooms:

Bathrooms:

Square Feet:

Year Built:

Neighborhood Score:

Target Monthly Rent

Cash-on-Cash:

Monthly Cash Flow:

5-Year Projected Return:

Single-Family

4

1.5

1308

1959

B

$1,425

8.92%

$327.08

$19,625

5003 Tulane Road Memphis, TN 38109
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