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Updated about 7 years ago, 10/27/2017
Memphis- Great buy and hold property at wholesale price
Nice Brick house with great bones. Property in decent shape and needs minor repair to bring to rent-ready condition.
Rent estimate: 675-$725.
You can be all in at 35k. Every investor runs their numbers differently but if you have a breakdown spreadsheet with estimated ROI please let me know.
This will be a cash cow if you have a local company to manage the property. I can connect you to reputable company that can get you a bid to bring it to rent-ready condition and manage the property. (Crestcore Realty)
See link to pictures and video to get a better idea of the condition of the property.
Feel free to reach out if you need more details at [email protected]
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