Total Net Positive Less Vacancy and Maintenance: $451/month (Assumes Cash Purchase)
has one and one half baths and is on a wooded lot. Has a low maintenance brick exterior and features central heat and air and one-car attached carport.
, this home is easily accessible to all areas of Memphis including downtown, the airport, and east and southeast Memphis. On a quiet street in a
, this property is sure to attract a great tenant.
Property taxes are based on $84,000 assessed value, which can be contested to increase cash flow. Square footage is based on Shelby County Tax Assessor’s information.
4374 Cimmaron Cove, Memphis
Purchase Price: $51,900
*any/all repairs are included in the purchase price
Estimated Monthly Rent: $750
TAX APPRAISAL: $68,700
Closing Costs: $1k (estimated)
Total Monthly Debt Service (Assumes Cash Purchase):
Estimated Rent: $750/mo.
City/County Taxes: $103 (based on 2009 values)
Insurance: $50
Less Management (8%): $60
Positive Monthly Cash Flow: $537/month
Does NOT Account For
Maintenance (8%): $60
Vacancy(8%): $60
Total Net Positive Less Vacancy and Maintenance: $417/month
Financing (short and long term), property management, insurance, home inspectors, and contractors are available upon request.
This home is in the
Westwood neighborhood in Memphis. It features a low maintenance brick exterior, central heat and air, and two car attached carport. This home has over 1200 square feet and is well-maintained on a shady lot.
Quiet neighborhood makes this a great rental home!
Why not add to your investment portfolio with
great cash flow potential at an exceptional discount?
Investor Fundamentals:
Property taxes are based on $68,700 assessed value, which can be contested to increase cash flow. Square footage is based on Shelby County Tax Assessor’s information.
This home is in the Westwood neighborhood in Memphis. It features a low maintenance brick exterior, central heat and air, and two car attached carport. This home has over 1200 square feet and is well-maintained on a shady lot. Quiet neighborhood makes this a great investment.
If you would like to reserve this property please get in touch with the team:
3 bedroom brick house in Memphis
Here is an excellent deal on a 3 bedroom brick house in Memphis, Tennessee;
Price $52,900
Private finance available to all investors
The house is currently being renovated
Rental $825 per month
10.60% cash on cash returns.
3 bedrooms
1 and a half bathrooms
1400 sq ft
Click here to see the house on Google street view
This gorgeous brick residence features 3 bedrooms, 1 baths, carport, and many other amenities. On a
quiet street, this home has great curb appeal and with over 1300 square feet.
Highly desirable neighborhood and knotty pine interior provides a rustic, yet strikingly modern look and is very much in demand by tenants.
Turnkey property providing all construction, licensed property management, and maintenance(if necessary). Closing attorneys and financing also provided, if desired!
Take advantage of the falling market and invest in some hard assets that will pay YOU each and every month!
If you would like to reserve this properties please get in touch with the team:
4 Bed Home, Memphis
Memphis, Tennessee
Here is a great deal on a property in Memphis;
$57,900
Finance available
$850 rental income per month
Large 4 bedroom home
3 bathrooms
1927 sq ft
Great neighbourhood
Nice quiet cul-de-sac
Fully managed
Click here to see the property on Google street view
You can also take a look at me presenting some videos of the Memphis property scene
here.
