Memphis, TN BRRRR Calculator
Calculate the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) deal for any rental property in Memphis. Based on current Memphis market data.
Memphis Market Snapshot
$155,000
$1,100/mo
9%
1.7%
$8,225
0.93
Based on median price, 25% down, 6.5% rate, 30-year term.
Run Your Memphis Numbers
Plug in any Memphis property to get BRRRR, NOI, cash flow, and more.
How BRRRR Works in Memphis
The Memphis rental market has a median home price of $155,000 and median rent of $1,100/month, which puts the average BRRRR (Buy, Rehab, Rent, Refinance, Repeat) deal at roughly 9% for a typical single-family rental. That means for every dollar of property value, you can expect about 9 cents in annual net income before debt service.
With a 25% down payment ($38,750) and a 6.5% mortgage rate, a median Memphis rental generates roughly $8,225/yr in NOI against $8,820/yr in debt service, giving you a DSCR of 0.93. That's below breakeven at median price — look for deals 15-20% below median or properties with above-average rents.