Everything Inside And Outside Brand New!! 12.69% ROI- 5bed 3bath

[Derrick Craig]

Everything Inside And Outside Brand New!!

1894 Pendleton Memphis TN - Click on Link

Status: Available
Purchase Price: $90,000
Property Type: Single Family
Beds/Baths: 6 Beds, 4 Baths
Square Feet: 2,100 sqft
Lot Size:
Year Built: 1952
Occupancy Status: Rented

PROPERTY DESCRIPTION

Beautiful 6 bedroom home completely rehabbed. Everything inside and outside of the home is BRAND NEW!! Rented $1,058 a month.

Taxes $1,566 a year = $130.50 a month
Property Management Fees – 8% = $84.64 a month
1 yr lease Rented $1,058 a month

Insurance-675 a year = $56.25 a month
Vacancy – $60 a month
Maintenance- $70 a month

Cash flow each month = $ $656.61 if purchased all CASH!!

ROI- 12.69%

• 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.