All Forum Posts by: Derrick Craig

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

549 WELLS (8-unit apartment complex) Click to see video!!

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.

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.

RECENTLY UPDATED HOME WITH OVER $27,000 REHAB!!!

This is a 4 Bedroom 3 bath home located in Westwood area of Memphis TN,…Over 1700 Square Feet… Recently remodeled 2018 includes paint, ceramic tile in kitchen and bathrooms, hard wood floors, wrought iron outside doors, new wood privacy fence, new HVAC, New ROOF, new electric installed, new light fixtures, new carpet, and many many more.

List Price: $85,000 Available
Built: 1953
Currently Rented for $1,016.00 a Month
Property Management Fee $81.28 a Month
Taxes – $65.83 a Month
Insurance Quote -$46.00 a Month
Vacancy- $45.00

Maintenance- $55.00

CAP EX- $55.00
If purchased all cash no Mortgage you would expect to CASH FLOW- $667.89!!!

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.

• 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.

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.

RENTED!! INSTANT CASHFLOW!!

2739 Cracklerose - Turnkey Property Link

Purchase Price: $72,500

Rented: $883

Property Type: Single-Family Home
Beds/Baths: 3 beds, 2 baths
# of Units: 1
Square Feet: 1,571
Occupancy Status: RENTED
Year Built: 1961

Yearly Property Tax: $899

PROPERTY DESCRIPTION

2739 Cracklerose Memphis TN is an awesome deal! NEW ROOF AND NEW HVAC!!This one isn’t going to be around long…snap it up today!

Disclosure: Estimated values reflect the date of this posting. Due to continually changing market conditions, estimated values may change slightly based on the time of refinance, changing market conditions, and/or the individual performing the analysis.

• 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.

3131 Faxon Ave Memphis Tn 38112- Click to View

Nice Cash Flowing Home Rented $800 Long Term Sec 8 Tenant

Purchase Price: $69,500
Rented: $800- Long term Sec 8 Tenant
Property Type: Single-Family Home
Beds/Baths: 4 beds, 2 baths
# of Units: 1
Square Feet:1,421
Occupancy Status: RENTED
Year Built: 2001
Yearly Property Tax: $977

PROPERTY DESCRIPTION

3131 Faxon Memphis TN is a really nice cash flowing home, long term Sec 8 tenant. 4 beds and 2 full bath built in 2001. HOME HAS KITCHEN, LIVING ROOM, LAUNDRY ROOM, 2 FULL BATHROOMS, CENTRAL HEAT AND AC, VERY QUIET NEIGHBORHOOD, HAS , WILL HAVE wrought IRON DOORS. AND wrought IRON ON WINDOWS. CAN’T BEAT THE PRICE FOR ANY 4 BEDROOM HOME IN MEMPHIS.

Disclosure: Estimated values reflect the date of this posting. Due to continually changing market conditions, estimated values may change slightly based on the time of refinance, changing market conditions, and/or the individual performing the analysis.

• 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.

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.

CASHFLOW MONSTER!!

This is a 2 Bedroom 1.5 bath Condo in Raleigh area of Memphis TN. Very Low maintenance, quiet neighborhood, tenants really take care of the home.

Status: AVAILABLE
List Price – $65,000
Built- 1994
Currently Rented for $700 a Month
Property Management Fee $56.00 a Month
Property TAXES- $65.00 a Month
Insurance Quote -$38.00 a Month
Vacancy- $40.00

Maintenance- $30.00 a month

CAP EX- $50.00 a month

HOA FEE- $25.00 a month

If purchased all cash you would expect to CASH FLOW- $396.00!!!

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.

• 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.

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

Purchase Price: $85,900 (Available)
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- $85,900
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!!

3 Beds 1 Bath Single Family Home Rented $595 A Month!

Purchase Price: $47,000 (AVAILABLE)
Property Type: Single Family
Beds/Baths: 3 beds, 1 bath
Square Feet: 1,110 sqft
Lot Size: .0165 Acres
Year Built: 1949
Occupancy Status: Rented

PROPERTY DESCRIPTION

This Single-Family Home is located at 3703 Fairoaks Ave, Memphis, TN.

• 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.

@Jeremy Blackman

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