CASHFLOW MONSTER!!
This is a 3 Bedroom 2 bath home located in Frayser area of Memphis TN. Past owners added extra Bedroom and Bathroom on the home after Tree fell on the home a few years ago. Approximate sq footage 1560 sq ft.
3313 Margaretta Rd Memphis, TN 38127
Status: SOLD
List Price: $64,000
Built: 1951
Currently Rented for $695 a Month
Property Management Fee $55.60 a Month
Property TAXES- $37.84 a Month
Insurance Quote -$31.25 a Month
Vacancy- $40.00
Maintenance- $30.00
CAP EX- $70.00
If purchased all cash no Mortgage you would expect to CASH FLOW- $430.31!!!
If you are interested in this property please contact: Derrick Craig – 901-212-4476 Text or Call or you can email 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.
