University of Memphis area rental!

HavePropertiesResidentialSFR
Classifieds

University of Memphis area rental!

Investor · Memphis, TN · Member since 2013 · 741 posts · 845 votes

Property Offered at: $59,900 - Featuring All Brick Construction and Central Heat and Air

3228 Crete, Memphis, TN 38119

Purchase Price: $59,900
Property Status: Turnkey, Needs Cosmetic Work(Included in Price) – Tenant in Shortly

TAX APPRAISAL: $34,500

Closing Costs: $1k (estimated)

Total Monthly Debt Service: (Assumes Cash Purchase)

Rent Range: $700 – $795(Assumes $750)

City/County Taxes*: $52/month (based on 2016 values)
Insurance: $55
Less Management (10%): $75.00/month

Positive Monthly Cash Flow: $583.14

Plus instant equity!

In an adorable rental neighborhood, close to the interstate and many amenities. A beautiful, two bedroom, one bath brick home with central heat and air. Don’t let deferred maintenance eat your investment home alive, let Discount Property Warehouse provide you with a fully turnkey home with high quality upgrades! Discount Property Warehouse truly is your wholesale discount provider! 

0Reply
3 views

2 Replies

Jump to latestLatest
Join the conversationCreate a free account to reply, vote on answers and follow this thread.