Very NICE Home!- Rented $600 A Month! PASSIVE INCOME!

[Derrick Craig]

Very NICE Home!- Rented $600 A Month! PASSIVE INCOME!

Status: Available
Purchase Price: $44,900
Property Type: Single Family
Beds/Baths: 3 Beds, 1 Bath
Square Feet: 985 sqft
Lot Size: 0.155 Acres
Year Built: 1963
Occupancy Status: Rented

PROPERTY DESCRIPTION

2264 Theda Ave Memphis TN 38127
3 Bedroom 1 Bathroom
List Price- $44,900
Taxes- $748 a year

Insurance- $350 a year
Property Management Fees- 8% of rent collected a month = $50.00 a month
Rented- $600 a month

Vacancy/Maintenance – $90.00 (Guesstimate)

Cash Purchase Monthly Cashflow = $367.00!!!

• 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.