CASH FLOW MACHINE! TAXES ONLY $415 a YEAR!!
Status: AVAILABLE!
Purchase Price: $89,000
Property Type: Single Family
Beds/Baths: 3 beds, 1 bath
Square Feet: 1,260 sqft
Lot Size: 0.212 acres
Occupancy Status: Rented- $997 a Month!!
DESCRIPTION:
Charming South Memphis home! 3 beds, 1 bath, 1,260 sq ft on 0.212 acres. Built in 1915, rented for $997/month. Available now for $89,000. Low taxes: $415/year.
- 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.
