4512 Neely Rd, Memphis, TN 38109
Coming SOON!!! 4 Bed 2 Bath Turnkey Investment Property!!
Status: Coming Soon
Purchase Price: $90,000
Beds/Baths: 3 beds, 1.5 baths
Square Feet: 1,447 sqft
Lot Size: 10,500 sqft
Year Built: 1962
4512 Neely Rd, Memphis, TN 38109 – Passive Cash Flow Machine!
4 Bedrooms, 1 1/2 Bathrooms
List price: $90,000
Taxes $1,164 a year
Property Management Fees – 8% of rent collected a month
Potential rent $900 – $950 a month
New roof, new siding, new wrought iron doors, new metal security doors, new paint inside, new electrical service, new light fixtures ceiling fans sockets etc., new plumbing, new laminate hardwood flooring, new carpet, new ceramic tile.. and the list goes on and on and on!!!
• 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.