THIS IS AN INVESTMENT PROPERTY!!! CURRENTLY RENTED!! Super Low Taxes – Rented $1,352 Per Month! Purchase Price: $130,000 AVAILABLE - CASH ONLY Property Type: Single Family Home Beds/Baths: 5 beds, 3 full baths Square Feet: 2,380 sq ft Year Built: 1969 Occupancy Status: Rented- $1,352.00 a month PROPERTY DESCRIPTION This 2,380 square foot home has 5 bedrooms and 3 Full bathrooms. It is located at 3526 New Horn Lake Rd. Memphis, Tennessee 38109. New Roof, New Siding, New Floors, New Doors, New Plumbing, New Electrical, New Carpet, New Windows, Fresh Paint, New Light Fixtures/Ceiling Fans, and Many more added extras. List Price- $130,000- CASH ONLY Taxes- $1008 a year = $84 a month Insurance- $600 a year = $50 a month Currently Rented- $1,352.00 – 1 year lease Property Management Fee- 8% of Rent collected- $108.16 Vacancy- $100 Cap Ex- $70 Maintenance- $70 Total Estimated Net Monthly Income- $978.00 PASSIVE INCOME!!
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