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Archived about 6 years ago

$16,000

3 bd 1 ba 859 sqft

4415 Suncrest Dr, Memphis, TN 38127

Residential SFR Needs Repairs Off MLS

Current Rent **

$600

Projected Rent **

N/A

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Memphis Fixer Upper!

4415 Suncrest Dr Memphis, TN 38127

Contract For Sale

Purchase Price: $16,000
Estimated Repairs: Healthy rehab to get rent ready
Estimated ARV: $35,000
Market Rent: $600/mo

Incredible opportunity! Single Family Home!
Can be rent ready in no time.

Bedroom: 3
Bath: 1
Sqft: 859

$2,500 NON REFUNDABLE DEPOSIT REQUIRED

CONTACT: Lex Nuñez
PHONE: 901-848-8061
EMAIL: [email protected]

We are looking to sell our interest in the property, whether that interest is an equity position in the contract or full ownership of the property. We are not acting as licensed real estate brokers, rather as principles in this transaction.

DO YOUR OWN DUE DILIGENCE!
View Pics https://www.dropbox.com/sh/e598p8f7dl2jl5r/AACvaH58xQtP77vMHPMI4szAa?dl=0

** **COMPS**
------------------------------------------------------------
1. 4528 Suncrest Dr, Memphis, TN, 38127
3 bed | 1 bath | 862sqft | Prox: 0.21mi
Sold: $40,500 | Sold on: 09/05/18

2. 4022 Glenalp St, Memphis, TN 38127
3 bed | 1 bath | 1,019sqft | Prox: .75mi
Sold: $34,000 | Sold on: 06/13/18

3. 4523 Sunny View Dr, Memphis, TN 38127
3 bed | 1 bath | 800sqft | Prox: .22mi
Sold: $30,000 | Sold on: 09/25/18

Location:

4415 Suncrest Dr, Memphis, TN 38127

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.