$125,900
1594 Oakwood St, Memphis, TN 38108
Current Rent **
$1,300
Projected Rent **
$1,300
Estimated Rent †
Estimated Rent Confidence ‡
Low
NEW ROOF!! GREAT ROI! SUPER LOW TAXES!!
NEW ROOF!! GREAT ROI! SUPER LOW TAXES!!
Status: AVAILABLE
Purchase Price: $125,900
Property Type: Single Family
Beds/Baths: 4 beds, 1 1/2 half baths
Square Feet: 1,478 sqft
Lot Size: .137 Acres
Year Built: 1940
Occupancy Status: Rented- $1,300 a Month
PROPERTY DESCRIPTION
1594 Oakwood Memphis TN 38108
This is a 4 Bedroom 2 bath home located North Memphis area of Memphis TN near Downtown Memphis, Recently remodeled inside and outside includes paint, New Roof, New windows, tub, toilet, hot water tank, ceramic tile in kitchen, Ceramic tile flooring in high traffic areas, wrought iron outside doors, new light fixtures , new carpet in bedrooms, and many many more.
List Price – $125,900.00
Built- 1940 Currently- Rented – $1,300 a month
Property Management Fee $92.00 a Month
CITY and COUNTY TAXES ONLY – $43.00 a Month
Insurance Quote -$40.00 a Month Vacancy- $45.00 Maintenance- $45.00 CAP EX- $30.00
PLEASE CLICK ON VIDEO BELOW!!!
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.
Location:
1594 Oakwood St, Memphis, TN 38108
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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.
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