Great BUY And HOLD- Passive Income Property Memphis Buy & HOLD!!

[Derrick Craig]

Great BUY And HOLD- Passive Income!

Status:Available
Purchase Price: $85,000
Property Type: Single Family Home
Beds/Baths: 3 beds, 2 bath
Square Feet: 1,215 sqft
Year Built: 1961
Occupancy Status: Rented

PROPERTY DESCRIPTION

This 1215 square foot home has 3 bedrooms and 2.0 FULL bathrooms. It is located at 869 Bramblewood Ln Memphis, Tennessee. NEW Central Heating/AC, New ROOF, , totally remodeled kitchen, laundry, and bathroom, New Doors, New Plumbing, 2 Car Attached Garage very Nice BACK YARD AND FRONT YARD-Nice Corner lot, refinished hardwood floors throughout HOME, Fresh Paint, New Light Fixtures/Ceiling Fans, New Toilets, and Many more added extras.

Taxes- $1048 a year = $85.83 a month
Insurance- $425 = $35.42
Currently Rented- $841.00 a month
Property Management Fee- 8% of Rent collected- $67.28

Vacancy- $40

Maintenance- $50

Cap Ex-$50

Total cash flow each month- $512.47

PLEASE VIEW VIDEO BELOW!!

869 Bramblewood Ln Video

869 Bramblewood inspection reports/new HVAC pics and recipt