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Updated over 6 years ago,

User Stats

969
Posts
524
Votes
Derrick Craig
Pro Member
  • Memphis, TN
524
Votes |
969
Posts

6.9% CAP RATE-PASSIVE INCOME MACHINE!!! Memphis Buy and HOLD!!

Derrick Craig
Pro Member
  • Memphis, TN
Posted

Huge Home Rented $906 A Month – Passive Income Machine!

CLICK HERE TO VIEW 412 Dreger Rd Video!!


Purchase Price: $90,000 (Available)
Property Type: Single Family
Beds/Baths: 3 beds, 1.5 baths
Square Feet: 1,878 sqft
Lot Size: 0.26 acres
Year Built: Rented
Occupancy Status: Rented

PROPERTY DESCRIPTION

3 Bedroom 1 1/2 Bathrooms 1 Car Garage 1 Car Carport
List Price- $90,000
Taxes- $1,592 a year
Insurance- $600 a year
Rented- $906
Property Management Fees- 8% of rent collected a month- $73

Updates Include:

New Roof, New siding, New Wrought iron Doors, New Metal Security Doors, New Paint inside and Out Side, New Electrical Service, New Light Fixtures Ceiling Fans sockets, New Plumbing, New Laminate Hardwood Flooring, New Ceramic Tile in kitchen, den, bathroom,… and the list goes on and on and on!!

  • Derrick Craig
  • Offering