Gross Yield OVER 14%- Rented $750 A Month!
Status: SOLD
Purchase Price: $61,900 – CASH PURCHASE ONLY!!
Property Type: Single Family
Beds/Baths: 4 Beds, 1 Bath
Square Feet: 1,025 sqft
Lot Size: 0.18 Acres
Year Built: 1971
Occupancy Status: Rented- $750 a month
ROI OVER 14%
Taxes- $442 a year = $36.83 a month
Insurance- $350 a year = $29.16 a Month
Property Management 8%- $720 a year = $60 a month
CASH PURCHASE-Passive Cash Flow = $7,488.12 a year = $624.01 a month
PLEASE LOOK AT VIDEO!!
- 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.
