Browse Properties
4936 Chuck Ave
Memphis, TN 38118
8.6%
Year 1 Cap Rate$164,023
10 yr cash flow12.18%
10 yr IRRDetails
- Lot size0
- Rentable Sq.Ft1,251
- $/Rentable Sq.Ft$68
- Monthly rent$1,000
- Safety deposit$1,000
- Estimated reserve$3,500
- Lease start2024-07-01
- Lease end2025-06-30
- HOANo
- Flood zoneNo
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Neighborhood
Niche grades and rankings use rigorously analyzed data and user opinions to assess the key aspects of this neighborhood.
Overall neighborhood score:
4936 Chuck Ave, Memphis, TN 38118
Cost Of Living
Good For Families
Good For Young Professionals
Housing
Jobs
Public Schools
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Financials
| Income | Year 1 | Year 2 | Year 3 | Year 5 | Year 10 |
|---|---|---|---|---|---|
| Rental revenue | $12,000 | $12,480 | $12,979 | $14,038 | $17,080 |
| Vacancy & Collection Loss | ($720) | ($749) | ($779) | ($842) | ($1,025) |
| Operating revenues | $11,280 | $11,731 | $12,200 | $13,196 | $16,055 |
| Expenses | Year 1 | Year 2 | Year 3 | Year 5 | Year 10 |
| HOA fees | ($0) | ($0) | ($0) | ($0) | ($0) |
| Insurance | ($1,170) | ($1,205) | ($1,241) | ($1,316) | ($1,526) |
| Utilities | ($0) | ($0) | ($0) | ($0) | ($0) |
| Leasing Fee | ($200) | ($208) | ($216) | ($234) | ($285) |
| Property management | ($902) | ($938) | ($976) | ($1,056) | ($1,284) |
| Real estate taxes | ($1,301) | ($1,340) | ($1,380) | ($1,464) | ($1,697) |
| Repairs and maintenance | ($360) | ($749) | ($779) | ($842) | ($1,025) |
| Operating expenses | ($3,933) | ($4,440) | ($4,592) | ($4,912) | ($5,817) |
| Net Operating Income | Year 1 | Year 2 | Year 3 | Year 5 | Year 10 |
| Operating revenues | $11,280 | $11,731 | $12,200 | $13,196 | $16,055 |
| Operating expenses | ($3,933) | ($4,440) | ($4,592) | ($4,912) | ($5,817) |
| Net Operating Income | $7,347 | $7,291 | $7,608 | $8,284 | $10,238 |
| Cap Rate | 8.6% | 8.6% | 9.0% | 9.7% | 12.0% |
| Other income & expenses | Year 1 | Year 2 | Year 3 | Year 5 | Year 10 |
| SHARE management | ($859) | ($884) | ($911) | ($966) | ($1,120) |
| Mortgage payments | $0 | $0 | $0 | $0 | $0 |
| Other income & expenses | ($859) | ($884) | ($911) | ($966) | ($1,120) |
| Cash flow & yield | Year 1 | Year 2 | Year 3 | Year 5 | Year 10 |
| Cash flow | $6,488 | $6,407 | $6,697 | $7,318 | $9,118 |
| Cash yield | 6.4% | 6.4% | 6.6% | 7.3% | 9.0% |
Acquisition Equity
| Down payment | ($85,000) | |||
|---|---|---|---|---|
| Title insurance | ($1,275) | |||
| Debt costs | ||||
| Acquisition fee | ($7,500) | |||
| Home Buyer Inspection | ($1,000) | |||
| Leasing Fee | ($1,750) | |||
| Reserves | ($3,500) | |||
| Stabilization costs | ($814) | |||
| Total | ($100,839) | |||
Disposition Proceeds
| Estimated sale price | $194,964 | |||
|---|---|---|---|---|
| Disposition fee | ($1,950) | |||
| Other disposition costs | ($3,899) | |||
| Year 10 mortgage balance | ($0) | |||
| Total | $189,115 | |||
