Totally Brand New Turnkey Rental Property! SUPER LOW TAXES!!
Status: SOLD
Purchase Price: $77,000
Property Type: Single Family
Beds/Baths: 3 beds, 1 1/2 baths
Square Feet: 1,146 sqft
Lot Size: .205 Acres
Year Built: 1930
Occupancy Status: RENTED -$800 a month
PROPERTY DESCRIPTION
This is a 3 Bedroom 1 1/2 baths 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 Central Heating/AC unit and bathrooms remodeled, Ceramic Tile in high traffic areas, Carpet in the bedrooms, wrought iron outside doors, new light fixtures, and many many more.
List Price – $77,000.00
Built- 1930
Currently- Rented -$800 a month
Property Management Fee $64.00 a Month
CITY and COUNTY TAXES ONLY – $21.00 a Month!!!
Insurance Quote -$33.33 a Month
Vacancy- $45.00
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 •
- 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.
