386 Jeanne Dr, Memphis, TN 38109

BUY AND HOLD-Passive Income Machine $1050 A Month!


Status: AVAILABLE
Purchase Price: $119,000
Property Type: Single Family
Beds/Baths: 3 Beds, 1 Bath
Square Feet: 1,378 sqft
Lot Size: .361 acres
Year Built: 1954
Occupancy Status: Rented- $1,050 a month

PROPERTY DESCRIPTION

386 Jeanne Dr. Memphis TN 38109
 

3 Bedrooms 1 Bathroom
List Price- $119,000
Taxes- $1290 a year

Insurance- $525 a year
Property Management Fees- 8% of rent collected a month
Rented- $1,050 a month

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  • 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.


    QUESTIONS ABOUT THIS PROPERTY? CONTACT US!


    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.