Totally Brand-New Turnkey Rental Property! SUPER LOW TAXES!!
Status: SOLD
Purchase Price: $73,000 CASH ONLY!!
Property Type: Single Family
Beds/Baths: 3 beds, 1 bath
Square Feet: 1,064 sqft
Lot Size: .15 Acres
Year Built: 1950
Occupancy Status: RENTED -$774 a month
PROPERTY DESCRIPTION
This is a 3 Bedroom 1 bath home located Whitehaven/Westwood area of Memphis TN, recently remodeled inside and outside includes paint, New Roof, New windows, tub, toilet, hot water tank, ceramic tile in kitchen New window Heating/AC unit and bathroom remodeled, Hardwood floors though out home except kitchen and bathroom, wrought iron outside doors, new light fixtures, and many many more.
List Price – $73,000.00 CASH ONLY!!!
Built- 1950
Currently- Rented -$774 a month
Property Management Fee $61.92 a Month
CITY and COUNTY TAXES ONLY – $24.08 a Month!!!
Insurance Quote -$33.33 a Month
Vacancy- $35.00
Maintenance- $35.00
CAP EX- $30.00
PLEASE CLICK ON VIDEO BELOW!!!
- 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 •
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.
