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Check out this Cash Flow Opportunity in Memphis

 





Description:

3 bedroom, 1 bath, approximately1200 sq. ft.             

This home is brick with hard wood floors and it has a 1 car carport with a fenced in back yard.        

Rent Range-$695-$750       

Renovations Needed-$10,000         

Wholesale Price-$31,900   

Tax Assessed Value-$60,800          

Zillow Value, Zestimate-$54,500       

Disclosure: Appraised values reflect the date of this posting. Due to continually changing market conditions, appraised values may change slightly based on the time of refinance, changing market conditions, and/or the individual appraiser performing the analysis



Status: Available

Property Details:
Address: Price: $31,900.00
Rent: $750.00
Lease-Option Payment: $
 
Memphis, Tennessee 38111
Type:   Home Bedrooms:   3
Stories:   1 Bathrooms:   1
Square Feet:   1200 Garage Stalls:   None
Year Built:   1954 Fireplaces:   0
Near School:   Yes Near Transit:  Yes
Estimated Repairs:   8500 After Repair Value:   55000
Exterior Construction:   brick

Management Fee: 10% 

 

 

 

 

--

Takara
(714) 519-6534
Turn Key Consultant
 
Look @ my Cash Flowing Opportunities.
 
Follow my Blog.
 
Follow me on Twitter
 

Views: 4

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Comment by Dave Roberts on April 4, 2011 at 6:31am
What is the estimate of repair for?  Do you have an outline of the repairs and cost estimate of each item?

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