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1037 FAXON AVE
MEMPHIS, TN 38105-2402
Asking Price
$190K
Cap Rate
11.32%
Asset Type
Single Family Rental Portfolio Multifamily
Class
Class B
What's Special
ROOMING HOUSE/6 BEDS/$3,200 PER MONTH <p>-3 BED/1 BATH HOUSE BEING USED AS ROOMING HOUSE</p><p>-$3,200 MONTHLY INCOME</p><p>-NEEDS MINOR REPAIR</p><p>-GREAT MIDTOWN RENTAL SUBMARKET</p><p></p>
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NOI
$80,000
Cap Rate
42.11%
DSCR
7.09
Strong
Cash-on-Cash
120.56%
Monthly Payment
$940.016
Annual Cash Flow
$68,719.804
