The Rental Wire

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11 SFR Investment Opportunities | September 14th, 2022

1534 SW Tyler St, Topeka, KS 66612

  • Price: $79,900
  • 5 bedrooms, 3 bathrooms
  • Estimated rental income: $1,500
  • Monthly expected net cash flow: $5,902
  • Expected cash on cash return year 1: 19.29%
  • Expected cash on cash return year 5: 24.84%
  • Expected total out of pocket costs*: $30,590

1252 Greenwood St, Memphis, TN 38106

  • Price: $88,900
  • 3 bedrooms, 2 bathrooms
  • Estimated rental income: $1,194
  • Monthly expected net cash flow: $2,862
  • Expected cash on cash return year 1: 8.41%
  • Expected cash on cash return year 5: 12.22%
  • Expected total out of pocket costs*: $34,036

5431 Old Thomasville Rd, Archdale, NC 27263

  • Price: $88,000
  • 2 bedrooms, 1 bathrooms
  • Estimated rental income: $1,151
  • Monthly expected net cash flow: $2,592
  • Expected cash on cash return year 1: 7.69%
  • Expected cash on cash return year 5: 11.39%
  • Expected total out of pocket costs*: $33,691

723 West Blvd, Racine, WI 53405

  • Price: $119,000
  • 3 bedrooms, 1 bathrooms
  • Estimated rental income: $1,491
  • Monthly expected net cash flow: $2,994
  • Expected cash on cash return year 1: 6.57%
  • Expected cash on cash return year 5: 10.09%
  • Expected total out of pocket costs*: $45,560

1215 Neptune St, Memphis, TN 38106

  • Price: $99,000
  • 3 bedrooms, 2 bathrooms
  • Estimated rental income: $1,225
  • Monthly expected net cash flow: $2,371
  • Expected cash on cash return year 1: 6.25%
  • Expected cash on cash return year 5: 9.72%
  • Expected total out of pocket costs*: $37,903

453 E Church St, Leesville, SC 29070

  • Price: $205,000
  • 3 bedrooms, 3 bathrooms
  • Estimated rental income: $2,457
  • Monthly expected net cash flow: $4,288
  • Expected cash on cash return year 1: 5.46%
  • Expected cash on cash return year 5: 8.80%
  • Expected total out of pocket costs*: $78,486

460 Carpenter St, Memphis, TN 38112

  • Price: $139,000
  • 3 bedrooms, 2 bathrooms
  • Estimated rental income: $1,657
  • Monthly expected net cash flow: $2,838
  • Expected cash on cash return year 1: 5.33%
  • Expected cash on cash return year 5: 8.65%
  • Expected total out of pocket costs*: $53,217

1720 Home Rd, Sheffield, MA 01257

  • Price: $399,000
  • 3 bedrooms, 2 bathrooms
  • Estimated rental income: $4,500
  • Monthly expected net cash flow: $6,145
  • Expected cash on cash return year 1: 4.02%
  • Expected cash on cash return year 5: 7.13%
  • Expected total out of pocket costs*: $152,760

509 Tunbridge Rd, Baltimore, MD 21212

  • Price: $199,900
  • 3 bedrooms, 3 bathrooms
  • Estimated rental income: $2,090
  • Monthly expected net cash flow: $1,796
  • Expected cash on cash return year 1: 2.35%
  • Expected cash on cash return year 5: 5.19%
  • Expected total out of pocket costs*: $76,533

688 Bryn Mawr Ave, Wickliffe, OH 44092

  • Price: $155,000
  • 2 bedrooms, 2 bathrooms
  • Estimated rental income: $1,619
  • Monthly expected net cash flow: $1,380
  • Expected cash on cash return year 1: 2.33%
  • Expected cash on cash return year 5: 5.17%
  • Expected total out of pocket costs*: $59,343

102 Dewey Ave, Pittsfield, MA 01201

  • Price: $159,900
  • 3 bedrooms, 1 bathrooms
  • Estimated rental income: $1,649
  • Monthly expected net cash flow: $1,259
  • Expected cash on cash return year 1: 2.06%
  • Expected cash on cash return year 5: 4.85%
  • Expected total out of pocket costs*: $61,219

That's it for now! If you have any feedback or suggestions, feel free to reply directly to this email. 

-Erik (on behalf of The Rental Wire)

*Cash-on-cash returns assume 20% down, do not include equity / expected appreciation. Projections include maintenance, capex, property management, insurance, taxes, vacancy, closing costs, and incremental one-time cost of ~14% of listing price for renovation / repairs (conservative assumptions). Estimates only, not investment advice.



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