NEW ROOF!! GREAT ROI! SUPER NICE TURNKEY PROPERTY
Status: SOLD
Purchase Price: $97,900
Property Type: Single Family
Beds/Baths: 4 beds, 2 baths
Square Feet: 1,242 sqft
Lot Size: .254 Acres
Year Built: 1962
Occupancy Status: Rented- $950 a Month
PROPERTY DESCRIPTION
This is a 4 Bedroom 2 bath home located Frayser 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 unit, Garage, and bathrooms, Hard wood flooring in high traffic areas, wrought iron outside doors, new light fixtures, and many many more. List Price – $97,900.00 Built- 1962 Currently- Rented – $950 a month Property Management Fee $76.00 a Month CITY and COUNTY TAXES ONLY – $71.09 a Month Insurance Quote -$40.00 a Month Vacancy- $45.00 Maintenance- $45.00 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.
