Investor opportunity in Frayser, Memphis! This spacious 4 bed / 1 bath, 1,710 sq ft home (built 1973) is priced at only $45K with an estimated $65K rehab. With an ARV of $165K, this property offers significant equity upside for a fix-and-flip or BRRRR strategy.
💰 Investment Summary
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Purchase Price: $45,000
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Rehab Estimate: $65,000
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Total Project Cost: $110,000
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After Repair Value (ARV): $165,000
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Projected Profit: $55,000
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ROI: ~50%
📈 Flip Analysis
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Purchase & Rehab: $110,000
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Resale Value (ARV): $165,000
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Equity Gain: $55,000
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Return on Investment: 50%
🏡 Rental Analysis (Optional – if held after rehab)
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Estimated Rent: ~$1,450/month
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Annual Gross Rent: $17,400
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Vacancy (5%): – $870
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Effective Gross Income: $16,530
Operating Expenses
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Property Management (10%): $1,740
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Taxes (est.): $1,200
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Insurance: $1,200
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Maintenance: $1,000
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Total Expenses: $5,140
Net Operating Income (NOI): $11,390
Annual Cash Flow (with financing): ~$8,800
