Cash Flowing Property In Memphis, TN.

[Jason Hopkins]

2491 Malone Ave. Memphis, TN. 38114

3 bedrooms 1 bath

1,442 sq ft

Built in 1941

Yearly taxes $717

Estimated repairs $1,500. Detached garage roof needs repair.

Cash asking price $26,000

ARV $40,000

Market Rent $675

Has Central Heat and window unit for AC 

Currently rented on a year to year lease

Tenants have been in place for 6 months paying $550 per month

Click link for photos

https://drive.google.com/drive/folders/0B32N7BR1o7--M04tTGwybjRFelk?usp=sharing