Memphis Buy and Hold New Inventory!!

[Derrick Craig]

CASHFLOW MONSTER!!

This is a 2 Bedroom 1.5 bath Condo in Raleigh area of Memphis TN. Very Low maintenance, quiet neighborhood, tenants really take care of the home.

Status: AVAILABLE
List Price – $65,000
Built- 1994
Currently Rented for $700 a Month
Property Management Fee $56.00 a Month
Property TAXES- $65.00 a Month
Insurance Quote -$38.00 a Month
Vacancy- $40.00

Maintenance- $30.00 a month

CAP EX- $50.00 a month

HOA FEE- $25.00 a month

If purchased all cash you would expect to CASH FLOW- $396.00!!!

If you are interested in this property please contact: Derrick Craig – 901-212-4476 Text or Call or you can email [email protected]

Or View Memphis Buy and Hold Inventory for more deals Click- Memphis Buy and Hold

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.

• 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.
• 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.