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Sold almost 3 years ago

$141,900

4 bd ba 1189 sqft

3707 Canary Cv E, Memphis, TN 38109

Residential SFR Occupied Off MLS

Current Rent **

$1,492

Projected Rent **

$1,000

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Estimated Rent †

Pro Only

Estimated Rent Confidence ‡

Low

Posted By:

Derrick Craig

NEW ROOF!! GREAT ROI! SUPER NICE TURNKEY PROPERTY

Status: AVAILABLE
Purchase Price: $141,900- CASH ONLY!!
Property Type: Single Family
Beds/Baths: 4 beds, 2 baths
Square Feet: 1,189 sqft
Lot Size: .144 Acres
Year Built: 1971
Occupancy Status: Rented- $1,492 a Month

PROPERTY DESCRIPTION
3707 Canary Cv E Memphis TN 38109
This is a 4 Bedroom 2 bath home located WESTWOOD area of Memphis TN, Recently remodeled inside and outside includes paint, New Roof, New windows, tub, toilet, hot water tank, ceramic tile in kitchen, and bathroom, New Central Heating unit, Ceramic tile flooring in high traffic areas, wrought iron outside doors, new light fixtures, and many many more.

List Price – $141,900.00 CASH ONLY!!

Built- 1971

Currently- Rented – $1,492 a month

Property Management Fee $119.36 a Month

CITY and COUNTY TAXES ONLY – $62.91 a Month

Insurance Quote -$47.00 a Month

Vacancy- $45.00

Maintenance- $45.00

CAP EX- $30.00

PLEASE CLICK ON THE VIDEO BELOW!!!

https://www.dropbox.com/s/7hs00v70k186re1/3707%20Canary%20cv%20E%20%20Video.MOV?dl=0

Location:

3707 Canary Cv E, Memphis, TN 38109

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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.