Advanced Search

Close Advanced Search

Search by Country

Search by Launch Price

Reference No

Search by Property Type

Search by Brix Price

Search by State

Search by Launch type

13934  Leonard Rd, Memphis, Tennessee, USA

Property Description


A well presented single family home offers 3 bedrooms and 1 bathroom; it occupies and area of 1,144 sq ft in size and resides on 6,969sq ft of land. The property is an ideal family home, located in the White Haven-Coro lake area of Memphis providing easy access to major routes and is within close proximity to schools and parks. There is an abundance of local amenities to include: Shopping centers, restaurants and supermarkets.

Launch Details Current Details

  • February 19, 2014Launched
  • $25Issue Price
  • 1500Brix® Issued
  • 0.06667%Equity Per Brix®
  • $37,500.00Property Launch Value
  • 13934Reference No
  • 402Brix® Offered For Sale
  • $32.28Brix® Price
  • $0.81Administration Fee (2.5%)
  • $33.09Total Brix® Price
  • $48,420.00Current Property Value
  • Up 29%Value Increase

Property History

Property History

1st Dec 2016 The property has now been leased. Details of the contract and rent PCM can be found on the property page.

25th Jul 2016 Tenant applications are being received for the property.

27th May 2016 The current tenant has been evicted from the property. New applicants are now actively being searched for.

18th Mar 2016 The lease on the property has been renewed. Details of the contract and rent PCM can be found on the property page.

20th May 2015 New comparable property sales figures for the local area have been added, view them on the property page under the Valuation tab.

8th Jan 2015 New comparable property sales figures for the local area have been added, view them on the property page under the Valuation tab.

June 2014 The property is now refurbished and rent ready

August 2014 This property has now been tenanted.

Property Income¹

  • LeasedCurrent Property Status
  • 01-06-2017Lease Ends:
  • $7,000.00Gross Rental Income
  • -$700.00Agent Fee (10%)
  • -$2,532.17Total Property Running Costs²
  • $4,467.83Net Potential Income
  • 14.46%Gross Rental Yield
  • 9.23%Estimated Net Rental Yield
  •  
  • $0.25Estimated Net Income Per Brix® Per Month

¹All figures are calculated as price per annum, for the whole property, unless stated otherwise.
²Total annual running costs for the property, see panel below.

Property Running Costs³

  • $0.0271Insurance Costs
  • $0.0545Taxes
  • $0.0000Amenitites Fees
  • $0.0202OwnBrix Fee
  • $91,520Property Sum Assured
  • $0.0000Accountancy Costs
  • $0.0000Bank Charges
  • $0.0000Legal Fees


³All costs are calculated as estimated price per month, per Brix®.

Property Accounts

The full property accounts for this property are only available to OwnBrix members.

Login or Join for Free

Total Purchase price of a property, includes some or all of the following additional costs and expenses incurred in completing the purchase of the property: Estate agents fees, lawyers fees, local taxes, stamp duty, valuation fees, fees for surveyor, title insurance, company formation costs, trust acc formation costs, letting and management fees, specialist advisors costs, listing cost & refurbishment costs.