------->Available Now<--------- 822 Gilleas Rd. Memphis,TN 38109 ------->Only 12K<--------- 4 bed 2 bath 1500sqft brick house that needs a little TLC Taxes: $1093 Comp#1 660 Gilleas Rd Memphis,TN 38109 Closed for 38,000 on 3/15/2011 Comp#2 320 Alta Rd Memphis,TN 38109 Closed for 41,000 on 3/11/2011 Comp#3 3508 Ashford Rd. Memphis,TN 38109 Closed for $58,948 on 4/21/2011 Rehab: $5000 Estimated Rent: $750($9,000/yr) minus management fee: 60/mth minus taxes: $91.08/mth minus insurance: 40/mth minus maintenance: 54/mth(this is not a fee) minus vacancy: 54/mth(this is not a fee) = $504.92 positive monthly cashflow ($6059.04/yr) = 35.64% ROI $2000 deposit required cash or hard money only
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
