Rented $1,050 Per Month! Built in 2007

Purchase Price: $95,500
Property Type: Single Family Home
Beds/Baths: 3 beds, 2 bath
Square Feet: 1,050 sqft
Year Built: 2007
Occupancy Status: Rented

PROPERTY DESCRIPTION

This 1,050 square foot home Built in 2007 has 3 bedrooms and 2 bathrooms. It is located at 1238 Marksman St Memphis, Tennessee. Central Heating AC Units, Fresh Paint, New Light Fixtures, New Toilet, and Many more added extras.

List Price- $95,500
Taxes- $873 a year = $72.75
Insurance- $575 = $48.00
Currently Rented- $1,050.00
Property Management Fee- 8% of Rent collected- $84
Vacancy- $30
Maintenance- $50
Cap Ex-$50

SEE VIDEO!!!

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.
• 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.