Wholesale Property – 5328 Clinchport Cir, Memphis TN For Sale

Property Summary

5328 Clinchport Cir is a 4-bedroom, 2-bath single-family home in Memphis priced below replacement cost.
The property offers strong rental demand due to its bedroom count and supports both cash-flow rental and light value-add strategies.
Best suited for buy-and-hold or BRRRR investors seeking stable returns.

Investment Details

Purchase Price: $157,500
Square Feet: 1,104
Bedrooms: 4
Bathrooms: 2

Rental

• Estimated Monthly Rent: $1,650

• Annual Gross Rent: $19,800

• Annual Operating Expenses: ~$6,900

• Net Operating Income (NOI): ~$12,900

• Cash-on-Cash Return (Cash Purchase): ~8.2%

• Monthly Cash Flow (25% Down): ~$250

Flip

• Estimated ARV: $200,000

• Estimated Rehab Cost: $22,500

• Estimated Holding & Closing Costs: $10,000

• Total Project Cost: ~$190,000

• Estimated Flip Profit: ~$10,000

BRRRR

• Total Investment: ~$180,000 – $185,000

• Refinance Value (75% LTV): ~$150,000

• Capital Recovered: Majority of initial investment