$85,000
1428 Smythe Avenue, Memphis, TN 38114
Current Rent **
N/A
Projected Rent **
$850
Estimated Rent †
Estimated Rent Confidence ‡
Low
Investment property in 38114
This FULLY RENOVATED TURNKEY property features: new windows, New blinds throughout,, LVP flooring, Newly painted walls, custom kitchen cabinets, and new countertops.
📍 1428 Smythe Avenue Memphis, TN 38114
🛏 2 Beds
🛁 1 Bath
🔲 744 SqFt
💲 85,000
Current Monthly Rent: $850
Cash on Cash Return: 14.55%
Monthly Cash Flow: $284.95
5-Year Projected Return: $17,097
Visit www.TurnkeyInvest.com for more information.
Managed by Foundationpm.com
Location:
1428 Smythe Avenue, Memphis, TN 38114
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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.
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