Income Property – Rented $800 A Month LONG Term Tenant

[Derrick Craig]

Income Property – Rented $800 A Month LONG Term Tenant

3588 Russelwood Memphis TN 

Status: Available
Price: $65,500
Property Type: Single Family
Beds/Baths: 3 beds, 2 baths
Square Feet:1,210 sqft
Lot Size:.8,500 sqft
Year Built: 2003

Currently Rented$800 a Month
Taxes– $1,148 = $95.67 a month
Insurance– $580 = $48.33 a month
PM FEE 8%– $64
Vacancy– $64 – (guesstimate)
Maintenance– $64 – (guesstimate)
Cap Ex– $80 – (guesstimate)

Cash Purchase -Monthly Passive Cash Flow = $384.00

BEST WHOLESALE TURNKEY REAL ESTATE INVESTMENTS IN MEMPHIS TN!!

Tax assessed $62,200 !!

This single family brick home rented for $800.00 a month built in 2003
Very Quiet area in Raleigh, 4 Bed Room 2 Full Bath
Return on Investment is HUGE!! Very Low Maintenance issues…

• 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.