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Archived almost 5 years ago

$87,500

3 bd 1 ba 1035 sqft

2997 Atmore Street, Memphis, TN 38118

Residential SFR

Current Rent **

$865

Projected Rent **

N/A

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Estimated Rent †

Pro Only

Estimated Rent Confidence ‡

Very High

2997 Atmore Street - Memphis Turnkey Available with In House Property Management

Cash Flow $239/month (includes 6% Maintenance, 4% Vacancy, PITI, and PM fees) | Cash on Cash Return 13.5%| Total Return on Investment 22.7% | Neighborhood Score: B-

Location:

2997 Atmore Street, Memphis, TN 38118

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.