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Archived almost 6 years ago

$7

3 bd 1 ba

1862 Kansas, Memphis, TN 38109

Residential SFR

Current Rent **

N/A

Projected Rent **

N/A

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

5 Memphis Deals - Check These Out!!!

1509 Preston Memphis TN 38106


Asking Price $25,000 ARV: 45k - 50k---------------------------------------------------------Address: 1509 Preston St, Memphis, TN 38106Bedroom: 3Bathroom: 1Living Area: 1353Year Built: 1917Type: Single Family ResidentialPerfect house for rehab or rental! This is a cash flowing property that sits on a nice lot. Currently being rented for $575. LOW taxes. Easy close. DO NOT DISTURB OCCUPANTSCall me with any questions."REALTORS PLEASE ADD YOUR FEE ON TOP OF OUR ASKING PRICE"


Comps425 E McLemore Ave, Memphis, TN 38106; Sold $20,000; Sold 10/10/081485 Preston St, Memphis, TN 38106; Sold $43,000; Sold 9/25/18


3549 Sharpe Ave, Memphis, TN 38111


Asking Price $20,000ARV: 55k---------------------------------------------------------Address: 3549 Sharpe Ave, Memphis, TN 38111Bedroom: 2Bathroom: 1Living Area: 875Year Built: 1953Type: Single Family ResidentialThe house is situated in the Southmoor subdivision. Requires medium repairs including trash removal, ceiling damage in bathroom, kitchen remodel, bathroom, floors, fence repaired, and landscaping.Call me with any questions."REALTORS PLEASE ADD YOUR FEE ON TOP OF OUR ASKING PRICE"


Comps3775 Greenbush Dr, Memphis, TN 38111; Sold $55,900; Sold 11/01/20183481 Dunn Rd, Memphis, TN 38111; Sold $35,000; Sold 08/16/20181592 Hope St, Memphis, TN 38111; Sold $58,000; Sold 08/10/2018

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3409 Point Pleasant Ave, Memphis, TN 38118


Asking Price $17,000 ARV: 70k - 85k---------------------------------------------------------Address: 3409 Point Pleasant Ave, Memphis, TN 38118Bedroom: 4Bathroom: 1Living Area: 1168Year Built: 1971Type: Single Family ResidentialProperty suffered a fire in the exterior. This is an excellent opportunity for an experienced rehabber. Located in the historic East Whitehaven Park subdivision. Property Priced to Sell RENT RANGE: $795 - $850 per monthYEARLY TAXES: $828.56Call me with any questions."REALTORS PLEASE ADD YOUR FEE ON TOP OF OUR ASKING PRICE"


Comps3571 Carlock Cv, Memphis, Tn 38118 - Sold $90,000 Nov. 30, 20184456 White Sands St Memphis, TN 38118 - Sold $67,000 Dec 4, 20184390 Elmridge St Memphis, Tn 38118 - Sold $65,000 Sept 26, 2018

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4465 Ryan St, Memphis, TN 38127


Asking Price $14,000ARV: 40k---------------------------------------------------------Address: 4465 Ryan St Memphis, TN 38127Bedroom: 3Bathroom: 1Living Area: 852Year Built: 1960Type: Single Family ResidentialNice Home. Nice Area. Minimum Repairs. Perfect Project for Rehab or Rental. RENT RANGE: $650 per monthYEARLY TAXES: $509.32Call me with any questions."REALTORS PLEASE ADD YOUR FEE ON TOP OF OUR ASKING PRICE"


Comps:4498 Suncrest Dr. Memphis, Tn 38127 - Distance 0.09 miSold $39,000 Dec. 18, 20184528 Suncrest Dr. Memphis, TN 38127 - Distance 0.14 miSold $40,500 Aug. 23, 2018

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1862 Kansas St, Memphis, TN 38109

Asking Price $7,000ARV: 45k - 50k---------------------------------------------------------Address: 1862 Kansas St Memphis, TN 38109Bedroom: 3Bathroom: 1Living Area: 1108Year Built: 1951Type: Single Family ResidentialGreat Property for experience rehabber. Call me with any questions."REALTORS PLEASE ADD YOUR FEE ON TOP OF OUR ASKING PRICE"

Comps:1787 Bismark St Memphis, Tn 38109;Sold $105,000 Sold 11/5/182060 Riverside Blvd Memphis, TN 38127;Sold $17,000 Sold 10/26/18
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I am a principal party in a valid and assignable Purchase and Sales Agreement which allows me to purchase a home in Memphis, TN. We do not allow our deals to be marketed without our permission. We are assigning our interest in this contract.

Location:

1862 Kansas, Memphis, TN 38109

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.