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Derrick Craig
Pro Member
  • Memphis, TN
523
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969
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Coming Soon- 2518 Corning Ave Memphis TN 38127- Income Property

Derrick Craig
Pro Member
  • Memphis, TN
Posted Jul 23 2017, 12:44

We just finished the Rehab on this property- Lots of upgrades for strong rental portfolio all hard wood floors and ceramic tile, one large bedroom has new carpet, New electrical breakers installed and upgraded. New 5 yrs old metal roof will last FOREVER!!!

Memphis Buy and Hold

List Price- $69,500 

Currently waiting on Section 8 Inspection, potential rent will be in the range of $800-$1000

Taxes- $685 a year

Insurance- $525 a year

Please View Video-2518 Corning Memphis TN 38127- Video!!

To view more properties like this please visit website- MEMPHIS BUY AND HOLD

  • Our sister company DCC Rentals LLC can manage this property for you with ease 8% management fee which is negotiable if you allow us to manage more properties in your investment portfolio call 901-212-4476.
    • Stated gross returns and cash flow do not take into account vacancy and repairs that WILL happen over time.
    • All investors should allocate a reserve for maintenance and vacancy for any investment property. Vacancy and repairs are variable cost factors that can increase or decrease from year-to-year that will impact yields over time.
  • Offering