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Updated almost 9 years ago on .

User Stats

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Alex Craig
  • Real Estate Professional
  • Memphis, TN
1,544
Votes |
1,451
Posts

Bartlett, TN (Suburbs of Memphis) Investment Property

Alex Craig
  • Real Estate Professional
  • Memphis, TN
Posted

Renovation is wrapping up on this investment property in Bartlett, TN.  Bartlett is a suburb of Memphis that is known for good schools and an overall great place to raise a family. Named one of the top 100 places to live in the annual CNN Money Magazine ranking of cities to live.   Bartlett also has much cheaper taxes then the city, which certainly helps with cash flow. High res pictures coming soon!

The scope of work is contained in the Project Packet link below.

https://app.box.com/v/2965SantaValleyMphsTN

Quick glance at #'s on an 18 month lease:

Rent: $1195 (Rent range is $1150 to $1195)

PM 8%: $96

Insurance: $49 a month (Quoted through our insurance program at $129,500 replacement value)

Taxes: $114 a month (County and City of Bartlett taxes)

In house warranty after tenant move in applies. See link for details. 

  • Alex Craig
  • 901-848-9028
Offering