2 Condo's for the PRICE of ONE!!! 12% ROI- $8,928 Annual Return!!

[Derrick Craig]

Hello Bigger Pockets,

Here is the latest deal we have to offer from Memphis Buy and Hold Team. TWO Condo's for the Price of ONE!!! I even went ahead and added all the monthly allowance estimates for Repairs, Vacancy, Insurance, and CAP EX. I also added the TRUE Actual Monthly Cost for Property Management, Taxes, and HOA Fees. I have accounted for every single cost I can think of for a Real estate investment and still came out with a 12% ROI!!

Again both Condo's are currently rented, Turnkey/Buy and Hold deal for Passive income seeking investors!!!

Details below:

Properties- 3378 Cristil Memphis Tn 38118 - 3Bed 2 and half Bath 2067 sq feet

AND

4874 Chesterwood Ct Memphis TN 38118- 3Bed 2 and half Bath 1600 sq feet

$75,000 Sale Price

Both Currently rented -$950 and $639 = $1,589.00

*****CASH PURCHASE ONLY!!!******

$127.00 monthly property management fee Actual Cost =8%

$80.00 monthly repair allowance estimate=5%

$80.00 monthly vacancy allowance estimate =5%

$125.00 Monthly Insurance allowance estimate

$127.00 Monthly CAPEX allowance estimate= 8%

$157.00 Monthly Taxes allowance Actual Cost

$149.00 Monthly HOA Fees Actual Cost

$710.00 Monthly positive cash flow

$20.45 Price per Sq Feet

12% ROI

https://www.dropbox.com/s/gdv7x4iturjljjx/3378%20Cristil%20Memphis%20TN%2038118.AVI?dl=0

If you are interested please contact me:

Derrick Craig

[email protected] or [email protected] or 901-212-4476 Text or call..

If you are looking for other GREAT REI DEALS visit our website: WWW.MEMPHISBUYANDHOLD.COM

[Douglas Skipworth]

@Derrick Craig,

Nice condos and great video!