Nice Income Property- Rented $650
Status: SOLD
Purchase Price: $43,500
Property Type: Single Family
Beds/Baths: 3 Beds, 2 Baths
Square Feet: 1,376 sqft
Lot Size: 8,360 sqft
Year Built: 1945
Occupancy Status: Rented
PROPERTY DESCRIPTION
Rented- $650
Taxes- $393 a yr
Insurance- $375 a yr
PM FEE 8%- $54.48
ROI- 18.36%
- 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.