For Sale

Address

7243 Newling Ln

Memphis TN 38125

List Price

$268,800

Proforma

Rent

$1,995

Net Cash Flow

$1,491

Cash on Cash Return

8.20%

Cap Rate

6.65%

ROI

29.20%

INTEREST

5.25%

Bedrooms

4

Bathrooms

2

Square Feet

2,125

Parking

G2

HOA

None

Neighborhood Score

A

Scope of work

Roof

Approx less than 6-yr old

Heating System

Approx 13-yr old

Central AC

Approx 13-yr old

Water Heater

New

Flooring

Living Room / Kitchen / Bedrooms

Hard Surface

Appliances

Dishwasher

Yes

Range

Yes

Vent-a-hood

Yes

Whirlpool Dryer

Yes

Whirlpool Washer

Yes

Refrigerator

No

General Content

Pre-leased! Tenant moves in 7.23.26 on a 2-yr lease
0% PM fee year 1

Documents