817 Eyers Rd, Memphis, TN 38109

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Very NICE Home Rented $800 A Month! 16.2% CAP RATE


Status: SOLD
Purchase Price: $59,500
Property Type: Single Family
Beds/Baths: 3 Beds, 2 Bath
Square Feet: 1,300 sqft
Lot Size: .264 acres
Year Built: 1972
Occupancy Status: Rented- $800 a month – 1 year lease signed

PROPERTY DESCRIPTION


3 Bedroom 2 Bathrooms
List Price- $59,500
Taxes- $614 a year

Insurance- $475 a year
Property Management Fees- 8% of rent collected a month
Rented- $800 a month

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  • 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.


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    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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