2468 Sq Feet HUGE HOME!! Rented $1033 Per Month!
Status: SOLD
Purchase Price: $92,900- CASH ONLY PURCHASE!
Property Type: Single Family
Beds/Baths: 4 Beds, 2 1/2 Baths
Square Feet: 2,468 sqft
Lot Size: .137 acres
Year Built: 1949
Occupancy Status: Rented
PROPERTY DESCRIPTION
Beautiful 4 bedroom home completely rehabbed. Everything inside and outside of the home is BRAND NEW!! Rented $1,033 a month.
Taxes $963 a year = $80.25 a month
Property Management Fees – 8% = $82.64 a month
1 yr lease Rented $1,033 a month
Insurance-575 a year = $47.92 a month
Vacancy – $60 a month
Maintenance- $70 a month
Cash flow each month = $ $692.19 if purchased all CASH!!
ROI- 13.34%
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.
