Renovated 3 Bed/ 2 Bath Home
Memphis, TN 38141
3bd • 2ba • Built: 1993 • Remodeled: 2026
First Year of Management Free
| Estimated Square Feet | 1,239 | | Initial Market Value | $159,900 | | Purchase Price | $159,900 | | Downpayment | $39,975 | | Loan Origination Fees | $0 | | Depreciable Closing Costs | $4,797 | | Other Costs and Fixup | $0 | | Approximate Cash Invested | $44,772 | | Cost per Square Foot / per Bedroom | $129 / $53,300 | | Monthly Rent per SQFT / per Bedroom | $1.05 / $432 |
| Projected Income | Monthly | Annual |
|---|
| Projected Rent | $1,295 | $15,540 | | Vacancy Losses | ($104) | ($1,243) | | Operating Income | $1,191 | $14,297 |
| Estimated Expenses | Monthly | Annual |
|---|
| Property Taxes | ($172) | ($2,063) | | Insurance | ($71) | ($847) | | Management Fees | $0 | $0 | | Leasing/Advertising Fees | $0 | $0 | | Association Fees | $0 | $0 | | Maintenance | ($104) | ($1,243) | | Other (Utilities, Supplies, etc.) | $0 | $0 | | Operating Expenses | ($346) | ($4,153) |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $845 | $10,143 | | - Mortgage Payments | ($719) | ($8,628) | | = Cash Flow | $126 | $1,515 | | + Principal Reduction | $123 | $1,473 | | + Inflation Induced Debt Destruction® (IIDD) - Beta | $300 | $3,598 | | + First-Year Appreciation | $800 | $9,594 | | = Gross Equity Income | $1,348 | $16,180 |
| | Mortgage Info | First | Second |
|---|
| Loan-to-Value Ratio | 75% | N/A | | Loan Amount | $119,925 | N/A | | Monthly Payment | $719.01 | N/A | | Loan Type | Amortizing Fixed | N/A | | Term | 30 Years | N/A | | Nominal / Real Interest Rate | 6.000% / 3.000% | N/A | | Monthly PMI | $0 | N/A |
| Empowered Investor® Indicators | |
|---|
| Rent-to-Value Ratio™ (RV Ratio™) | 0.8% | | Debt Coverage Ratio | 1.18 | | Annual Gross Rent Multiplier | 10 | | Capitalization Rate | 6.3% | | Cash on Cash Return | 3% | | Return on Investment | 28% | | Return on Investment with IIDD | 36% | | + Tax Benefits: Deductions, Depreciation, 1031 Exchange, etc. |
| Assumptions & Projections | |
|---|
| Projected Appreciation Rate | 6% | | Projected Inflation Rate | 3% | | Vacancy Rate | 8% | | Management Fee | 0% | | Maintenance Percentage | 8% |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.
|