Very NICE Home Renovated And Rented $850 A Month!
Status: SOLD – CASH PURCHASE ONLY!!
Purchase Price: $75,000
Property Type: Single Family
Beds/Baths: 4 Beds, 1 Bath
Square Feet: 1,056 sqft
Lot Size: .2080 Acres
Year Built: 1960
Occupancy Status: Rented- $850
PROPERTY DESCRIPTION
4 Bedroom 1 Bathroom
List Price- $75,000
Taxes- $780 a year
Insurance- $450 a year
Property Management Fees- 8% of rent collected a month
Rented- $850 a month
Updates include:
New siding, Brand New HVAC UNIT, New Wrought iron Doors, New Metal inside Security Doors, New Paint inside and Out Side, New Electrical Service, New Light Fixtures Ceiling Fans sockets etc, New Windows, New Plumbing, Refurbished HARD WOOD Floors, New Carpet, New Ceramic Tile… and the list goes on and on and on!! If you are interested or have any questions about this property please contact me: Derrick Craig – dcraig@memphisbuyandhold.com
- 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.
