| Property Details |
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| Square Feet | 1201 |
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| Rent: | $850.00 |
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| Taxes: | $1,550.95 |
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| Insurance: | $30.00 |
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| Bedrooms: | 3 |
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| Bathrooms: | 2.0 |
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| Gas: | No |
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| Parking | Attached 1 Car |
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| Foundation: | Slab |
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| Electricity: | Breakers |
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| Central Heat: | Furnace |
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| A/C: | Central Unit |
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Property Features
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Estimated ARV: $83,000-$87,000
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Estimated Rent: $795-$895
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Estimated Cash Flow: $150-$250
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Rehab: $9,000
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Cash on Cash Return: 11.61%
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Here is a quality property located in a great part of the Raleigh area of Memphis. With three bedrooms, two baths, a one car garage, seperate den in the rear of the property, central heat and air, and a brick exterior this home should have no problem renting quickly. Located close to nearby schools and shopping, yet secluded in a nice neighborgood, this home should rent quickly and provide excellent positive cash flow for an investor.
**FINANCING IS AVAILABLE for the initial purchase and the rehab for investors looking to buy properties with little to zero money down!
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Presented by
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Chris Clothier
MemphisInvest.com
130 Timber Creek
Germantown
,TN,38139
Phone: (901) 751-7191
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Email:
chris@memphisinvest.com
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