SUPER CASHFLOW MONSTER!!
Status: SOLD
Purchase Price: $89,500
Property Type: Single Family
Beds/Baths: 3 beds, 1 baths
Square Feet: 1028 sqft
Lot Size: 0.32 Acres
Year Built: 1974
Occupancy Status: Rented- $998 a Month
PROPERTY DESCRIPTION
This home is is located in the Westwood area of Memphis TN. 3 beds, 1 bath home Approximate sq footage 1028 sq ft.
Currently Rented for $998 a Month
Property Management Fee $79.84 a Month
Property TAXES- $61.42 a Month
Insurance Quote -$31.25 a Month
Vacancy- $40.00
Maintenance- $30.00
CAP EX- $70.00
If purchased all cash no Mortgage you would expect to CASH FLOW- $685.49!!!
- 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.
