THIS HOME IS CURRENTLY RENTED!! THIS IS AN INVESTMENT PROPERTY!! Very, VERY NICE NEW EVERYTHING!!!- Rented $750 A Month! Status: AVAILABLE Purchase Price: $72,500 Property Type: Single Family Beds/Baths: 4 Beds, 1 Bath Square Feet: 1,334 sqft Lot Size: 0.18 Acres Year Built: 1958 Occupancy Status: Rented- $750 PROPERTY DESCRIPTION 4 Bedroom 1 Bathroom List Price- $72,500 Taxes- $482 a year- $40.17 a month Insurance- $350 a year- $29.17 a month Property Management Fees- 8% of rent collected a month = $64.00 a month Rented- $750 a month Vacancy/Maintenance – $100.00 (Guesstimate) Cash Purchase Monthly Cashflow = $516.66!!! PLEASE VIEW VIDEO BELOW!!! 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. 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. Memphis Buy And Hold is specializing in locating, purchasing, renovating and managing single-family and multi-unit properties and possesses from 2007 up to the present of experience in real estate investing and property management in the Memphis and Nashville markets. Memphis Property Management Memphis Turnkey Investment Properties DCC Rentals LLC
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.
