CASH FLOW MACHINE!!! DUPLEX!! Very Nice!!
Status: AVAILABLE
Purchase Price: $189,500.00
Property Type: Multi-Family-Duplex
Beds/Baths: 4 beds, 2 baths
Square Feet: 1,638 sqft
Lot Size: 0.186 acres
Year Built: 1948
Occupancy Status: Both units are RENTED $950 and other side $850 Total = $1800.00
PROPERTY DESCRIPTION
1150 N McNeil St Memphis TN 38107
Tax Assed – $48,800.00
Sg Footage – 1,638
Currently Rented – $950 & $850 Total rent $1800.00
Taxes- $924.00 a Year
Insurance- $475.00 a Year
Property Management- 8% Currently Managed by DCC RENTALS LLC = $144.00
- 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.
