Memphis Buy and Hold- 11.9% Turnkey Real Estate Investment

[Derrick Craig]

CASHFLOW FROM DAY ONE!!!

This is a 3 Bedroom 2 bath home located in Whitehaven area of Memphis TN, Long term tenant wants to stay. $4k of plumbing work recently completed in July all plumbing inside and outside brand new. Home value around property is $85k-$95k… Tons of room for rent increase!!

1741 Santa Clara Memphis, TN 38116

List Price – $79,500
Built- 1968
Currently Rented for $789 a Month
Property Management Fee $63.12 a Month
Property TAXES- $107.58 a Month
Insurance Quote -$52.08 a Month
Vacancy- $70.00

Maintenance- $70.00

CAP EX- $70.00
If purchased all cash no Mortgage you would expect to CASH FLOW- $356.22!!!

If you are interested in this property please contact: Derrick Craig Text or Call or you can email

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.