All Forum Posts by: Derrick Craig

NEW Metal Roof And Hard Wood Floors – Rented $950

Status: Available
Purchase Price: $65,000
Property Type: Single Family
Beds/Baths: 4 beds, 1 in a half baths
Square Feet: 1626 sqft
Lot Size: .323 Acres
Year built: 1958
Occupancy Status: Rented

PROPERTY DESCRIPTION

Nice Spacious Home, 4 Bedrooms Hard wood Floors in Living room, Hall ways and Bedrooms New AC Condenser, Remodeled Bathrooms and Kitchen.. New Metal Roof and Metal Carport!!! The Cash Flow on this one is AMAZING!!! Check out the pro forma below!! 

Currently Rented $950 a Month - Section 8 tenant- 1 yr lease guaranteed moved in August 1st!
Taxes- $683 = $57 a month
Insurance- $500 = $42 a month
PM FEE- $76 a month

Vacancy – $60 a month– (guesstimate)
Maintenance- $70 a month – (guesstimate)
Cash Purchase Passive Cash Flow = $645 - Hello Retirement!!😁

Please view the video of 2518 Corning- https://youtu.be/irmiwM85C8s

2518 Corning Video!!

If you are interested in this Turnkey Investment property please call or text 901-212-4476 or email [email protected]

If you are looking for more deals like this please visit www.memphisbuyandhold.com

Memphis Buy and Hold – MEMPHIS INVESTMENT PROPERTY LEADERwww.memphisbuyandhold.comMemphis Buy And Hold Specializes In The Sale Of Turnkey Properties That Build Wealth And Financial Security. We locate and acquire discounted properties in working ...

@Anthony Tabor

I just PM you property is still available.

3 Beds 2 Baths Single Family Home Rented $700 A Month!

Purchase Price: $47,000
Property Type: Single Family
Beds/Baths: 3 beds, 2 baths
Square Feet: 1,160 sqft
Lot Size: 5,500 sqft
Year Built: 1987
Occupancy Status: Rented

If you would like to get more information about this property and many other Wholesale Turnkey Properties in Memphis TN please  Visit www.memphisbuyandhold.com

or Contact 901-212-4476 or email [email protected]

1446 Wabash -Video!! Click Here!!

PROPERTY DESCRIPTION

This Single-Family Home is located at 1446 Wabash Avenue, Memphis, TN. 1446 Wabash Ave is in the Depot Planning District neighborhood in Memphis, TN and in ZIP Code 38106. The average listing price for Depot Planning District is $68,274. 1446 Wabash Ave has 3 beds, 2 baths, approximately 1,160 square feet, and was built in 1987.

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- $895

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

Click HERE for more pictures 5521 Quail Thicket 

5521 Quail Thicket Video!!! CLICK HERE!!

Please contact: Derrick Craig - 901-212-4476 or [email protected]

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

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

Please check out the video- 412 Dreger Memphis TN 38109- VIDEO!!

Contact Derrick Craig - [email protected]

Click HERE to view more pictures of 412 Dreger Memphis TN 38109

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!! • 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.

714 Parkdale Memphis TN 38116

Status: Available

Purchase Price: $100,000
Property Type: Single Family
Beds/Baths: 3 beds, 2 baths
Square Feet: 2,007 sqft
Lot Size: 10,400 sqft
Year built: 1962
Occupancy Status: Rented

PROPERTY DESCRIPTION

Very Very Nice Spacious Home, 3 large Bedrooms Hard wood Floors in Living room, Hall ways and Bedrooms. Master Bathroom and Hall Bathroom totally remodeled new everything inside it absolutely stunning!!! Brand New Kitchen Cabinets, Sinks, Lights, Fixtures Electrical, Plumbing, Ceramic Tile in Bathrooms and Kitchen and NEW built in Fire Place, New Flat Roof so many amenities can’t name all of them.. PASSIVE INCOME MACHINE!!!

Currently Rented $1000 a Month
Taxes- $1341 = $111.75 a month
Insurance- $650 = $54.17 a month
PM FEE- $80 Vacancy – $80 – (guesstimate)
Maintenance- $80 – (guesstimate)
Cash Purchase Passive Cash Flow = $595.08

If you are interested in this property please contact: Derrick Craig - text or call 901-212-4476 or email [email protected]
Or View Memphis Buy and Hold Inventory for more deals 

Click- Memphis Buy and Hold www.memphisbuyandhold.com

Pictures of 714 Parkdale Memphis TN 38116

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

OVER 1700 SQ FEET WITH A 2 YEAR LEASE!!

This is a 3 Bedroom 1 1/2 Bath home located close to Midtown of Memphis TN. CURB APPEAL IS UNBELIEVABLE!! Tenants just signed a 2 Year Lease!! The home has a ton of space 1704 sq feet corner lot.  Nice turnkey investment property...

Home will need a new roof soon!!

1408 S Parkway E Memphis TN 38106

List Price – $47,500
Built- 1937
Currently Rented for $650 a Month
Property Management Fee $52.00 a Month
Property TAXES- $75.17 a Month
Insurance Quote -$41.00 a Month
Vacancy- $52.00

Maintenance- $52.00

CAP EX- $70.00

If purchased all cash no Mortgage you would expect to CASH FLOW- $307.83!!!

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.

PROPERTY DESCRIPTION

CASHFLOW MONSTER!!

This is a 2 Bedroom 2 bath zero lot line home located in Hickory Hill area of Memphis TN. Very Low maintenance, quiet neighborhood, tenants really take care of the home. 

3005 Charlestowne Pl Memphis, TN 38115

List Price – $59,500
Built- 1983
Currently Rented for $750 a Month
Property Management Fee $60.00 a Month
Property TAXES- $72.00 a Month
Insurance Quote -$38.00 a Month
Vacancy- $50.00

Maintenance- $30.00

CAP EX- $60.00

If purchased all cash no Mortgage you would expect to CASH FLOW- $440.00!!!

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.

PROPERTY DESCRIPTION

CASHFLOW FROM DAY ONE!!!

This is a 3 Bedroom 2 bath home located in Whitehaven area of Memphis TN, Long term tenant wants to stay. $4k of plumbing work recently completed in July all plumbing inside and outside underground brand new. Home value around property is $85k-$95k... Tons of room for rent increase!!

1741 Santa Clara Memphis, TN 38116

List Price – $79,500
Built- 1968
Currently Rented for $789 a Month
Property Management Fee $63.12 a Month
Property TAXES- $107.58 a Month
Insurance Quote -$52.08 a Month
Vacancy- $70.00

Maintenance- $70.00

CAP EX- $70.00
If purchased all cash no Mortgage you would expect to CASH FLOW- $356.22!!!

If you are interested in this property please contact: Derrick Craig - 901-212-4476 Text or Call 

or you can email [email protected] 

Visit- Memphis Buy and Hold- click on link

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 @Jason Biedenkapp

Thanks but the owner would not entertain seller financing.