🏠 5207 Breckenwood, Memphis TN
Investor opportunity in Memphis! This 3 bed / 1.5 bath home offers a functional layout and solid upside potential. With an offer price of $80,000 and an estimated rehab of $40,000, the property has an After-Repair Value (ARV) of $145,000, making it a strong candidate for a fix-and-flip or BRRRR investment strategy.
💰 Investment Summary
Purchase Price: $80,000
Rehab Estimate: $40,000
Total Project Cost: $120,000
After Repair Value (ARV): $145,000
Projected Profit: $25,000
ROI: ~20.8%
📈 Flip Analysis
Purchase & Rehab: $120,000
Resale Value (ARV): $145,000
Gross Profit: $25,000
Commissions & Closing (6% est.): ~$8,700
Net Profit: ~$16,300
Return on Investment: ~13.6%
🏡 Rental Analysis
Estimated Rent: ~$1,500/month
Annual Gross Rent: $18,000
Vacancy (5%): – $900
Effective Gross Income: $17,100
Operating Expenses:
Property Management (10%): $1,710
Taxes (est.): $1,500
Insurance: $1,200
Maintenance: $1,000
Total Operating Expenses: $5,410
Net Operating Income (NOI): $11,690
Annual Cash Flow (with financing): ~$6,650
Property Highlights:
• 3 Bedrooms / 1.5 Bathrooms
• Functional layout in a desirable Memphis area
• Rehab estimated at $40K
• ARV of $145,000
• Strong potential for resale profit or rental income