3593 Kensett Dr, Memphis, TN 38127
Passive Income Machine!!
Passive Income Turnkey Rental Property, 3 Bedrooms 1.5 Bathrooms, 1200 sq feet, New Ceramic Tile throu wood Floors throughout the home in Living room, Hall ways and Bedrooms. Master Bathroom and Hall Bathroom totally remodeled 2014!
List Price- $39,500
Currently Rented $600 a Month
Taxes- $835 = $70 a month
Insurance- $350 = $29.17 a month
PM FEE- $48
Vacancy – $50 – (guesstimate)
Maintenance- $50 – (guesstimate)
Cash Purchase Monthly Passive Income = $352.83
- 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.