NEW ROOF!! GREAT ROI! SUPER NICE TURNKEY PROPERTY
Status: AVAILABLE!!
Purchase Price: $119,500
Property Type: Single Family
Beds/Baths: 4 beds, 1 1/2 half baths
Square Feet: 1,478 sqft
Lot Size: .137 Acres
Occupancy Status: Rented- $1,300 a Month
PROPERTY DESCRIPTION
This is a 4 Bedroom 2 bath home located North Memphis area of Memphis TN near Downtown Memphis, Recently remodeled inside and outside includes paint, New Roof, New windows, tub, toilet, hot water tank, ceramic tile in kitchen, Ceramic tile flooring in high traffic areas, wrought iron outside doors, new light fixtures , new carpet in bedrooms, and many many more.
List Price – $119,500.00
Currently- Rented – $1,300 a month
Property Management Fee – $92.00 a Month
CITY and COUNTY TAXES ONLY – $43.00 a Month
Insurance Quote – $40.00 a Month
Vacancy– $45.00
Maintenance – $45.00
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- 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.
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.
- Memphis Property Management
- Memphis Turnkey Investment Properties
- DCC Rentals LLC