2214 Imogene St, Memphis, TN 38114

Nice Passive Income Property- Rented $900 Status: AVAILABLE Purchase Price: $96,500 Property Type: Single Family Beds/Baths: 3 Beds, 2 Baths Square Feet: 1,200 sqft Lot Size: .252 Acres Year Built: 1952 Occupancy Status: Rented- $900 a month – Lease end 10/2023 PROPERTY DESCRIPTION Rented- tenant- $900 Taxes- $780 a yearr Insurance- $475 a yr PM FEE 8%- $72.00 a month Our sister company DCC RENTALS LLC can manage this property for you with ease 8% management fee which is negotiable if you allow us to manage more properties in your investment portfolio call 901-212-4476 Stated gross returns and cash flow do not take into account vacancy and repairs that WILL happen over time. All investors should allocate a reserve for maintenance and vacancy for any investment property. Vacancy and repairs are variable cost factors that can increase or decrease from year-to-year that will impact yields over time.