CASH FLOW MACHINE!!! DUPLEX!! Very Nice!!
Status: SOLD
Purchase Price: $29,900
Property Type: Multi-Family-Duplex
Beds/Baths: 2 beds, 2 baths
Square Feet: 1,120 sqft
Lot Size: 0.182 acres
Year Built: 1950
Occupancy Status: Both units rented
PROPERTY DESCRIPTION
Tax Assed – $30,500
Sg Footage – 1,120
Currently Rented – $600 total = $300 each unit
Taxes- $901 a Year
Insurance- $350.00 a Year
Property Management- 8% Currently Managed by DCC RENTALS LLC
- 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.
