Available
$
149,900
1218 WILMORE ROAD
MEMPHIS, TN 38117
2 BR • 1.5 BA • 1,031 SQ FT
  • Target Rent $1,295
  • Cash on Cash Return 8.0%
  • Total 1 Year Return 40.1%
  • Neighborhood Score: A++
Available
$
194,900
20 Garden Springs Drive
OAKLAND, TN 38060
3 BR • 2 BA • 2435 SQ FT
  • Target Rent $ 825
  • Cash on Cash Return 2.6%
  • Total 1 Year Return 41.8%
  • Neighborhood Score: A++
Contract Pending
$
86,500
3772 Rainford Drive
MEMPHIS, TN 38128
3 BR • 2 BA • 1,096 SQ FT
  • Target Rent $850
  • Cash on Cash Return 11.2%
  • Total 1 Year Return 42.5%
  • Neighborhood Score: B


1218 Wilmore Rd (Available)

  • Tennessee investment properties for sale | Tennessee real estate investment company | Tennessee real estate investment

Investment Info

For more information, including a photos and a scope of work CLICK HERE

Price
$ 149,900
Projected Rental Income
$ 15,540
Less 6% vacancy
$ 932
Annual Operating Income
$ 14,608

Annual Operating Expenses

Management at 10%
$ 1,554
Annual Taxes
$ 1,712
Insurance
$ 400
Yearly Maintenance Reserve
$ 720
Total Operating Expense
$ 4,386

Totals

Net Operating Income
$ 10,222
Cap Rate
6.82 %

Specs

Bedrooms
2
Bathrooms
1.5
Living Space FT²
1,031
Living Space MT²
95
Lot Size Acres
Lot Size MT²
0
Year Built
1956
Call Us

Property Video

Property Location

Memphis

Memphis Investment Properties

Address: 4701 Summer Ave
Memphis, TN 38122

Telephone: 901-244-5820

Fax: 901-842-0803

Email: info@memphisinvestmentproperties.net