🏠 INVESTMENT OPPORTUNITY: Memphis, TN

📍 778 N Merton St, Memphis, TN 38112
💰 Price: $120,750
🛏️ 4 bed | 🛁 1 bath | 📐 1,399 sqft

💵 INVESTMENT METRICS:
– Monthly Rent: $1,369
– Monthly Cash Flow: $250
– Cash on Cash Return: 12.42%
– Cap Rate: 8.38%

💸 DOWN PAYMENT: $24,150

📊 MONTHLY EXPENSES:
– Mortgage (P&I): $593
– Property Tax: $111
– Insurance: $101
– Maintenance: $68
– Vacancy Reserve: $110
– Property Mgmt: $137

🔗 Full Listing: https://www.zillow.com/homedetails/778-N-Merton-St-Memphis-TN-38112/42178207_zpid/

#realestateinvesting #rentalpropertyinvesting #cashflow #passiveincome #realestate

778 N Merton St, Memphis, TN 38112, Memphis, TN

Property Images