New Roof! All Brick Wholesale Turnkey Passive Income Property

[Derrick Craig]

Rent Range of Comparable Properties in the Area: $700-$800

Sale Price- $41,500

Taxes- $866

Insurance- $450

Property Management- $720

Rented- $750 Section 8 -1 Year Rent Guaranteed Section 8 renews each year if tenant decides to stay in unit.

Repairs/Maintenance- ????  

Cap Ex- ?????

Rehab Included in Purchase Price:$9,000- No Rehab needed on property all have been completed.

*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.

If you are interested please Call me 901-212-4476 or email me [email protected]- Check out Video and property link below.

330 Glencoe, Memphis TN

https://youtu.be/BetpZwZHMi4