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Archived about 2 years ago

$165,000

5+ bd 2 ba

*** Blairhunt, Memphis, TN 38109

Residential SFR Occupied Off MLS

Current Rent **

$4,850

Projected Rent **

$5,950

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

"Weekly Room Rentals: Your Path to Profitable Cash Flow!"

**Income Property : Weekly Room Rentals**
**Listing Price**: $165,000.00
**Property**: Renovated home optimized for weekly room rentals
**Direct Listing**: No involvement of wholesalers

---

**Revenue Streams**:

1. **Weekly Room Income**:
- 5 rooms x $175.00/week = $875.00/week
- 1 room x $200.00/week = $200.00/week
- **Total weekly income**: $1,075.00
- **Total monthly income (avg. 4.33 weeks/month)**: $4,660.25
- **Total annual room rental income**: $55,923.00

2. **Coin-operated Laundry Income**:
- Monthly: $300.00
- **Annual**: $3,600.00

**Total Gross Annual Revenue**: $59,523.00

---

**Operating Expenses**:

1. **Monthly Recurring Expenses**:
- Internet, Utilities, Cable = $500.00/month
- **Total Annual**: $6,000.00

2. **Annual Property Taxes**: $597.00
3. **Annual Property Insurance**: $1,000.00

**Total Gross Annual Expenses**: $7,597.00

---

**Net Operating Income (NOI)**:
= Total Gross Annual Revenue - Total Gross Annual Expenses
= $59,523.00 - $7,597.00
**NOI**: $51,926.00

---

**Investment Overview**:
With a listed price of $165,000 and an expected NOI of $51,926.00, this property presents a compelling ROI for savvy investors looking to maximize their returns. This renovated home, tailored for weekly room rentals, ensures consistent income streams complemented by the coin-operated laundry facility. All this while maintaining a lean expense structure.

---

**For a deeper dive**:
Explore our broader portfolio of standout investment properties at [www.rediversifiedassets.com](https://www.rediversifiedassets.com/). For personalized investment insights, consultations, or questions, reach out to us directly at [email protected].

**Key Terms for Investors**: #RealEstateInvesting #CashFlow #HighYieldProperty #PassiveIncome #ProformaAnalysis #WeeklyRoomRentals

Location:

*** Blairhunt, Memphis, TN 38109

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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.