Very, VERY NICE NEW EVERYTHING!!!- Rented $750 A Month!
Status: SOLD
Purchase Price: $72,500
Property Type: Single Family
Beds/Baths: 4 Beds, 1 Bath
Square Feet: 1,334 sqft
Lot Size: 0.18 Acres
Year Built: 1958
Occupancy Status: Rented- $750
PROPERTY DESCRIPTION
4 Bedroom 1 Bathroom
List Price- $72,500
Taxes- $482 a year- $40.17 a month
Insurance- $350 a year- $29.17 a month
Property Management Fees- 8% of rent collected a month = $64.00 a month
Rented- $750 a month
Vacancy/Maintenance – $100.00 (Guesstimate)
Cash Purchase Monthly Cashflow = $516.66!!!
PLEASE VIEW 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.
