All Forum Posts by: Derrick Craig

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

Purchase Price: $90,000
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!!

Video - 412 Dreger Dr Memphis TN 

For information, you may call us at (901) 212-4476, or email us [email protected]

Multi Family Located Near Downtown Memphis, Rent $400 Each Unit 8-Plex $3200 A Month!

Purchase Price: $225,000
Property Type: Multi Family
Beds/Baths: 16 beds, 8 baths
Square Feet: 5350 sqft
Lot Size: .2890 Acres
Year Built: 1964
Occupancy Status: 6 units currently rented-2 vacant

1074 Seventh St Memphis TN 38107

Taxes- $1574.00

Insurance- $2300.00 a year

Yard Maintenance- $900 a year

PM FEE 8% -$256.00

Rent – $3200 a month Gross

All Utilities and trash pick up are paid by the tenants which is GREAT NEWS!!

Apartments have brand new roof, electrical, plumbing, ceramic tile floors, carpet, laminate flooring in high traffic areas. Very nice quiet 2 bedroom 1 bathroom apartments located downtown Memphis next door to BRAND NEW senior assisted living community!!

• 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.

For information, you may call us at (901) 212-4476, or email us at [email protected]

Cash Flowing Turnkey Condo For Sale – Rented $895 Per Month!

Purchase Price: $52,500
Property Type: Condo
Beds/Baths: 3 beds, 3 baths
Square Feet: 1,582 sqft
Year Built: 1975
Occupancy Status: Rented

PROPERTY DESCRIPTION

This 1582 square foot condo home has 3 bedrooms and 3.0 bathrooms. It is located at 5521 Quail Thicket Dr Memphis, Tennessee. New Roof, New Siding, New Floors, New Doors, New Plumbing, New Electrical, New Carpet, Fresh Paint, New Dish Washer, New Light Fixtures/Ceiling Fans, New Toilets, and Many more added extras.

List Price- $52,500
HOA FEE $185- Covers All Exterior of property, Club House, Pool, Drive way, Lawn, etc.
Taxes- $955 a year
Insurance- $475- Only Covers inside contents
Currently Rented- $895.00
Property Management Fee- 8% of Rent collected- $71.60

Super Nice Investment, one of the best Areas in Memphis Cash Flowing Property near Bartlett TN.

Video of 5521 Quail Thicket

For information, you may call us at (901) 212-4476, or email us [email protected] 

SUPER NICE A+++ LOCATION!!! Long Term Tenants

Status: Available
Purchase Price: $140,000
Beds/Baths: 4 beds, 2.5 baths
Square Feet: 2,000 sqft
Lot Size: .23 Acres
Year Built: 1993

PROPERTY DESCRIPTION

6677 Autumn Wood Cove Memphis TN 38141 – Passive Cash Flow

4 Bedrooms, 2 1/2 Bathrooms
List price: $140,000
Taxes $1,266 a year = $105.50 a month
Property Management Fees – 8% = $96.00 a month
Rented $1,200 a month- Same tenants since Jan 2013

Insurance-635 a year = $53.00 a month

Vacancy – $40 a month

Maintenance- $76 a month

Cap EX- $80 a month

Cash flow each month = $749.50 if purchased all CASH!!

If you are interested in this property please contact: Derrick Craig – 901-212-4476 Text or Call or you can email [email protected]
Or View Memphis Buy and Hold Inventory for more deals Click- Memphis Buy and Hold
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.

• 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.

Hi @Mushfiq S.

I have emailed you the information you requested.

CASH FLOW MACHINE!!! Long Term Tenants

4859 Gill Rd Memphis Tn 38109- Very Nice Home in Whitehaven!!

Purchase Price: $62,500
Property Type: Single Family
Beds/Baths: 3 beds, 2 baths
Square Feet: 1,574 sqft
Lot Size: 0.182 acres
Year Built: 1968
Occupancy Status: Rented- Same renters since Feb. 2011 at $750 a month

PROPERTY DESCRIPTION

Tax Assed – $61,600
Sg Footage 1,574
Currently Rented $750
Taxes- $1,167 a Year
Insurance- $545.00 a Year
Property Management- 8% Currently Managed by DCC RENTALS LLC

Income Property – Rented $900 A Month!!

PROPERTY DESCRIPTION

Super Nice Spacious, 4 large Bedrooms 2 Full Bathrooms - Over 1500 Sq feet, in the Oakhaven area near airport, Nice easy rental area. Passive Cash Flow of $559.08 a Month!!

Property Address- 2957 Phyllis Ln, Memphis TN 38118

Status: (Available)
Price: $67,000
Currently Rented $900 a Month
Taxes- $1,167 = $97.25 a month
Insurance- $500 = $41.67 a month
PM FEE 8%- $72

Vacancy – $65 – (guesstimate)
Maintenance- $65 – (guesstimate)
Cash Purchase Monthly Passive Cash Flow = $559.08

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.
• 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.

4866 Royal Run Dr Memphis TN 38128

Super Low Taxes – Rented $923 Per Month!

Purchase Price: $95,000
Property Type: Single Family Home
Beds/Baths: 3 beds, 2 and half baths
Square Feet: 1,405 sq ft
Year Built: 2006
Occupancy Status: Rented

PROPERTY DESCRIPTION

This 1,405 square foot home has 3 bedrooms and 2 and a half bathrooms. It is located at 4866 Royal Run Dr. Memphis, Tennessee 38128. New Roof, New Siding, New Floors, New Doors, New Plumbing, New Electrical, New Carpet, New Windows, Fresh Paint, New Light Fixtures/Ceiling Fans, New HVAC, and Many more added extras.

List Price- $95,000
Taxes- $673 a year = $56.09 a month
Insurance- $500 a year = $41.67 a month
Currently Rented- $923.00 - Section 8 Tenant 1 year lease
Property Management Fee- 8% of Rent collected- $73.84

Vacancy- $70

Cap Ex- $70

Maintenance- $70

Total Estimated Net Monthly Income- $583.07 PASSIVE INCOME MACHINE!!

Memphis Buy and Hold Available Properties!!

If you are interested in this property or any other properties from the availabe properties link please call Derrick Craig at 901-212-4476 or email [email protected]

4866 Royal Run - Video!!

Please check out video- https://youtu.be/pdWUkrqvO3s

4866 Royal Run Memphis TN 38128youtu.be4866 Royal Run Memphis TN 38128 www.memphisbuyandhold.com

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.
• 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.

PROPERTY DESCRIPTION

HOT OFF THE PRESS A BRAND NEW TURNKEY RENTAL PROPERTY!!!

This is a 4 Bedroom 2 1/2 bath home located in Raleigh area of Memphis TN, Recently remodeled includes paint, ceramic tile in kitchen and bathrooms, hard wood floors, wrought iron outside doors, new wood privacy fence, new garage door installed, new light fixtures, new carpet, and many many more.

List Price – $110,000.00 New Lower Price
Built- 2006
Currently Rented for $1,228.00 a Month- Section 8 Tenant with a 1 year lease!!
Property Management Fee $98.24 a Month
Only has County Taxes NO CITY TAXES- $54.26 a Month
Insurance Quote -$62.50 a Month
Vacancy- $60.00 

Maintenance- $60.00
CAP EX- $60.00
If purchased all cash no Mortgage you would expect to CASH FLOW- $833.00!!!

If you are interested in this property or any of the ones you see on Memphis Buy and Hold available properties listings, please give Derrick Craig a call 901-212-4476 or email- [email protected]

See Video - 4739 Northwood Hills Dr Memphis Tn 38128-Video!!

View more available  properties- Memphis Buy and Hold Available Properties!!

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.