Nice Income Property- Rented $681

[Derrick Craig]

Nice Income Property- Rented $681

Status: AVAILABLE
Purchase Price: $44,500
Property Type:
Beds/Baths: 3 Beds, 2 Baths
Square Feet: 1,376 sqft
Lot Size:
Year Built: 1945
Occupancy Status: Rented

PROPERTY DESCRIPTION

Rented Sec 8 long term tenant- $681
Taxes- $393 a yr
Insurance- $375 a yr
PM FEE 8%- $54.48
ROI- 18.36%

1000 N Dunlap Memphis TN 38107

• 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.