Memphis Purchase Data

PROPERTY
COMBINED NUMBERS
4254 SHINAULT LANE, OLIVE BRANCH MS
6335 DRAWOOD DRIVE, OLIVE BRANCH MS
70 FAIRWAY HILLS DRIVE, OAKLAND TN
Home Value
$940,000
$940,000
$940,000
$940,000
Down Payment%
100%
100%
100%
100%
Debt
$-
$-
$-
$-
Down Payment $
$940,000
$940,000
$940,000
$940,000
Est. Closing Costs
$-
$-
$-
$-
Est. Total Investment
$940,000
$940,000
$940,000
$940,000
Est. Monthly Rent
$2,950
$2,950
$2,950
$2,950
Gross Annual Rent
$35,400
$35,400
$35,400
$35,400
Vacancy Allowance
$(708)
$(708)
$(708)
$(708)
PM Fee
$(2,775)
$(2,775)
$(2,775)
$(2,775)
Property Taxes
$(2,220)
$(2,220)
$(2,220)
$(2,220)
Est. Property Insurance
$(2,385)
$(2,385)
$(2,385)
$(2,385)
Annual HOA Fees
$-
$-
$-
$-
Maint. Allowance
$(1,943)
$(1,943)
$(1,943)
$(1,943)
Net Operating Income
$25,389
$25,389
$25,389
$25,389
Debt Service
$-
$-
$-
$-
First Year Before-Tax Cash Flow
$25,389
$25,389
$25,389
$25,389
First Year Cash Flow Per Month
$2,116
$2,116
$2,116
$2,116
Cap Rate
2.7%
2.7%
2.7%
2.7%

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