1636 Leigh Drive (Available)

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

Investment Info

Price
$ 83,000
Projected Rental Income
$ 9,540
Less 6% vacancy
$ 572
Annual Operating Income
$ 8,968

Annual Operating Expenses

Management at 10%
$ 954
Annual Taxes
$ 1,187
Insurance
$ 501
Yearly Maintenance Reserve
$ 720
Total Operating Expense
$ 3,362

Totals

Net Operating Income
$ 5,606
Cap Rate
6.75 %

Specs

Bedrooms
3
Bathrooms
1.5
Living Space FT²
1,383
Living Space MT²
128
Lot Size Acres
Lot Size MT²
0
Year Built
1960
Call Us

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