Single Family Home in Memphis
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| Asking Price |
USD 49,500 |
| Property Type |
Single Family Home |
| Year Built |
1981 |
Property Address :
5687 Wintertree,
Memphis, Tennessee 38115
Shelby County
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Seller information:
Ad expired |
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| Floors : |
1 |
| Garage Size: |
None |
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Description:
Rent range of comparable properties in the area: $795-$895
Last normal sale was 12/3/1999 this property sold for $56,000.00
Whole Sale price-$49,500.00
OVER 35% Cash on Cash ROI!!!
This is a GREAT buy and hold deal!!
1 year guaranteed lease $800.00 month already in place.
PLEASE CHECK OUT www.memphisbuyandhold.com for the BEST WHOLESALE TURNKEY REALESTATE INVESTMENTS IN MEMPHIS TN!!
*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.
http://www.FSBOads.com/17400
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Nearest Properties:
2BR/2BA Home for Sale in Memphis, TN 38141 - $39,995 (1.1 mi)
3BR/2BA Home for Sale in Memphis, TN 38115 - $69,000 (1.9 mi)
4BR/2BA House for Sale in Memphis, TN 38118 - $61,500 (4.6 mi)
2BR/1BA House for Sale in Memphis, TN 38111 - $72,000 (5.9 mi)
3BR/2BA Townhome for Sale in Germantown, TN 38138 - $212,000 (6.1 mi)
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