RECENTLY UPDATED HOME SUPER NICE AREA!!!
This is a 3 Bedroom 2 bath home located in Hacks Cross area of Memphis TN ,…Over 1406 Square Fee… HUGE BACKYARD… Recently updated includes paint, ceramic tile in kitchen and bathrooms, laminate plank floors, wrought iron outside doors,, new HVAC, New ROOF, new electric installed, and new carpet.
Status: SOLD
Purchase Price: $195,000
Property Type: Single Family
Beds/Baths: 3 beds, 2 bath
Square Feet: 1,406 sqft
Lot Size: 0.35 Acres
Year Built: 1983
Currently Rented for $1,400.00 – 1 yr Lease
Property Management Fee $112 a Month
Taxes – $172.84 a Month
Insurance Quote -$86.00 a Month
Vacancy- $55.00
Maintenance- $55.00
CAP EX- $55.00
PLEASE CHECK OUT THE 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.
