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14037  W Walthal Cir, Memphis, Tennessee, USA

Property Description


A immaculate single family home built in 1947 offers a living area of 1,213 sq ft, residing on 7,405 sq ft plot of land offering 3 bedrooms and 2 bathrooms. The property is located in East Memphis neighbourhood within close proximity to local attractions such as: The Memphis Country Club and  The Liberty Bowl Memorial Stadium. The property provides easy access to major routes, schools, University of Memphis and offers an array of local amenities including: Shopping centers, restaurants and supermarkets.

Launch Details Current Details

  • March 6, 2014Launched
  • $21Issue Price
  • 2000Brix® Issued
  • 0.05%Equity Per Brix®
  • $42,000.00Property Launch Value
  • 14037Reference No
  • 51Brix® Offered For Sale
  • $24.39Brix® Price
  • $0.61Administration Fee (2.5%)
  • $25.00Total Brix® Price
  • $48,780.00Current Property Value
  • Up 16%Value Increase

Property History

Property History

31st Jan 2017 The property has now been leased. Details of the contract and rent PCM can be found on the property page.

3rd Aug 2015 Tenant applications are being received for the property.

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.

14th Oct 2014 New comparable property sales figures for the local area have been added, view them on the property page under the Valuation tab.

Property Income¹

  • LeasedCurrent Property Status
  • 31-07-2017Lease Ends:
  • $6,000.00Gross Rental Income
  • -$600.00Agent Fee (10%)
  • -$2,263.54Total Property Running Costs²
  • $3,736.46Net Potential Income
  • 12.3%Gross Rental Yield
  • 7.66%Estimated Net Rental Yield
  •  
  • $0.16Estimated 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

  • $0.0222Insurance Costs
  • $0.0319Taxes
  • $0.0000Amenitites Fees
  • $0.0152OwnBrix Fee
  • $101,360Property 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.

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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.