NEW Metal Roof And Hard Wood Floors – Rented $950

[Derrick Craig]

NEW Metal Roof And Hard Wood Floors – Rented $950

Status: Available
Purchase Price: $65,000
Property Type: Single Family
Beds/Baths: 4 beds, 1 in a half baths
Square Feet: 1626 sqft
Lot Size: .323 Acres
Year built: 1958
Occupancy Status: Rented

PROPERTY DESCRIPTION

Nice Spacious Home, 4 Bedrooms Hard wood Floors in Living room, Hall ways and Bedrooms New AC Condenser, Remodeled Bathrooms and Kitchen.. New Metal Roof and Metal Carport!!! The Cash Flow on this one is AMAZING!!! Check out the pro forma below!! 

Currently Rented $950 a Month - Section 8 tenant- 1 yr lease guaranteed moved in August 1st!
Taxes- $683 = $57 a month
Insurance- $500 = $42 a month
PM FEE- $76 a month

Vacancy – $60 a month– (guesstimate)
Maintenance- $70 a month – (guesstimate)
Cash Purchase Passive Cash Flow = $645 - Hello Retirement!!😁

Please view the video of 2518 Corning- https://youtu.be/irmiwM85C8s

2518 Corning Video!!

If you are interested in this Turnkey Investment property please call or text 901-212-4476 or email [email protected]

If you are looking for more deals like this please visit www.memphisbuyandhold.com

Memphis Buy and Hold – MEMPHIS INVESTMENT PROPERTY LEADERwww.memphisbuyandhold.comMemphis Buy And Hold Specializes In The Sale Of Turnkey Properties That Build Wealth And Financial Security. We locate and acquire discounted properties in working ...

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.
• 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.