Updated almost 9 years ago on . Most recent reply
University of Memphis area rental!
Property Offered at: $59,900 - Featuring All Brick Construction and Central Heat and Air
3228 Crete, Memphis, TN 38119
Purchase Price: $59,900
Property Status: Turnkey, Needs Cosmetic Work(Included in Price) – Tenant in Shortly
TAX APPRAISAL: $34,500
Closing Costs: $1k (estimated)
Total Monthly Debt Service: (Assumes Cash Purchase)
Rent Range: $700 – $795(Assumes $750)
City/County Taxes*: $52/month (based on 2016 values)
Insurance: $55
Less Management (10%): $75.00/month
Positive Monthly Cash Flow: $583.14
Plus instant equity!
In an adorable rental neighborhood, close to the interstate and many amenities. A beautiful, two bedroom, one bath brick home with central heat and air. Don’t let deferred maintenance eat your investment home alive, let Discount Property Warehouse provide you with a fully turnkey home with high quality upgrades! Discount Property Warehouse truly is your wholesale discount provider!