4874 Chesterwood Ct, Memphis, TN 38118

Income Property – Rented $750 a Month LONG term Tenant


Status: AVAILABLE
Purchase Price: $75,500
Property Type: Townhouse
Beds/Baths: 3 beds, 2.5 bath
Square Feet: 1,600 sqft
Year Built: 1975

Super Nice Spacious Townhouse, 3 large Bedrooms 2 and half Bathrooms -Laminate flooring in Living room, Hallways and Bedrooms. Master Bathroom and Hall Bathroom totally remodeled everything inside is nice!!! Brand New Kitchen Cabinets, Sinks, Lights, Fixtures updated Electrical and Plumbing, Ceramic Tile in Bathrooms and Kitchen and Fire Place New roof and siding.
Status: Available

Currently Rented $750 a Month
Taxes- $262 = $22 a month
Insurance- $380 = $31.67 a month
PM FEE 8%- $60
HOA FEE – $64 a month
Vacancy – $60 – (guesstimate)
Maintenance- $60 – (guesstimate)


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.


    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.


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