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Archived over 4 years ago

$79,090

2 bd 2 ba 0 sqft

5718-5720 Myers Rd, , Memphis, , TN 38115

Residential Duplex

Current Rent **

N/A

Projected Rent **

N/A

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Unit 1 Details
  • Current Rent:
  • Bedroom: 1 bd
  • Bathroom: 1 ba
  • Square Footage: 0 sqft
  • Occupied: No
  • Needs Repairs: No
  • Off MLS: No
Unit 2 Details
  • Current Rent:
  • Bedroom: 1 bd
  • Bathroom: 1 ba
  • Square Footage: 0 sqft
  • Occupied: No
  • Needs Repairs: No
  • Off MLS: No

PASSIVE INCOME from $1,500 in Rent: Contract for Assignment: $79,090 for a DUPLEX in Memphis, TN 38115 (Hickory Hill)

PASSIVE INCOME from $1,500 in Rent: Contract for Assignment: $79,090 for a DUPLEX in Memphis, TN 38115 (Hickory Hill)

Details of House in Purchase Agreement according to homeowner and public information (please do your own due diligence):

Status: Vacant
DUPLEX: 2/1.5 x 2
Exterior: Brick/Siding
Foundation: Slab
Total Square Feet: 2,536
Estimated Value: $111,575
Rental Estimate: $1,500 a month
Repairs Needed: $20,000 **Due Your Own Due Diligence**
Owed: None

Contact us if you have further inquiries.
901-808-6908/ 901-203-5210
[email protected]
Schedule a call by clicking calendly.com/aacqdeals.

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Location:

5718-5720 Myers Rd, , Memphis, , TN 38115

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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.