Hot Millington Property to flip or to keep for cashflow

[Haim Mamane Palman]

5818 Port Haven Dr, Millington, TN 38053

Purchase Price: 48.5k.

3 bedrooms 2 baths

1266 Sqft

Built 1980

Nice property in good neighborhood to flip or keep as a rental

Property needs cosmetic repair/updates. Roughly 15-20k (I'm not a contractor)

See property condition in the links below:

Photos 56

Video Link

Asking Price 48.9k

Rent Range: 895-$950

After Repair Value: 88,000-$94,000

Comparable Sales:

- 5836 Lake Port Dr, Millington, TN 38053 3 beds 2 baths 1,247 sqft $88,900 Sold on 01/14/15 (Memphis Invest)

- 5832 Garden Ridge Dr, Millington, TN 38053 3 beds 2 baths 1,266 sqft $88,000 Sold on 02/18/15

- 4433 Willow Springs Cv, Millington, TN 38053 3 beds 2 baths 1,416 sqft $95,500 Sold on 06/01/15

- 5890 Brushy Mill Cv, Millington, TN 38053 3 beds 2 baths 1,154 sqft $94,900 Sold on 05/29/15 (Memphis Invest)

Access: Please call (901) 602-7874 or email to [email protected]

Note: This is an Auction home we won the bid on and we're flipping. You can close on this ASAP. It shows pending on the MLS because we are the winning.