2490 Durham Drive (Available)

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

Investment Info

Price
$ 69,900
Projected Rental Income
$ 9,000
Less 6% vacancy
$ 540
Annual Operating Income
$ 8,460

Annual Operating Expenses

Management at 10%
$ 900
Annual Taxes
$ 851
Insurance
$ 381
Yearly Maintenance Reserve
$ 720
Total Operating Expense
$ 2,852

Totals

Net Operating Income
$ 5,608
Cap Rate
8.02 %

Specs

Bedrooms
3
Bathrooms
2.0
Living Space FT²
967
Living Space MT²
89
Lot Size Acres
Lot Size MT²
0
Year Built
1996
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