Wholesale Property in Memphis, TN 38114

[Haim Mamane Palman]

1956 Carbondale Dr. Memphis, TN 38114

3/2 1256 sqft single story brick house built in 1976.

Purchase Price: 25k

Repairs: 15k-17k

Rent: $650-$700

Total investment: 43k

Double digit cap rate - 11% plus.

Complete Pro-forma: https://www.dropbox.com/s/tbzd08g53cp80id/1956%20Carbondale%20Memphis%20Marketing.pdf

For more pictures: https://www.dropbox.com/sh/5mij3rr16l3huwp/Z9L4XgldEq

Great property for a local and experienced investor or for out-of-state investor working with a local and experienced property management company that has experience managing properties in the area.

Send me PM if you want more details.