CASH FLOW MACHINE!!! Long Term Tenants!! Memphis Buy and HOLD!!

[Derrick Craig]

CASH FLOW MACHINE!!! Long Term Tenants

4859 Gill Rd Memphis Tn 38109- Very Nice Home in Whitehaven!!

Purchase Price: $62,500
Property Type: Single Family
Beds/Baths: 3 beds, 2 baths
Square Feet: 1,574 sqft
Lot Size: 0.182 acres
Year Built: 1968
Occupancy Status: Rented- Same renters since Feb. 2011 at $750 a month

PROPERTY DESCRIPTION

Tax Assed – $61,600
Sg Footage 1,574
Currently Rented $750
Taxes- $1,167 a Year
Insurance- $545.00 a Year
Property Management- 8% Currently Managed by DCC RENTALS LLC

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.