344 East Shelby Drive (Available)

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

Investment Info

Price
$ 69,000
Projected Rental Income
$ 9,300
Less 6% vacancy
$ 558
Annual Operating Income
$ 8,742

Annual Operating Expenses

Management at 10%
$ 930
Annual Taxes
$ 1,030
Insurance
$ 419
Yearly Maintenance Reserve
$ 720
Total Operating Expense
$ 3,099

Totals

Net Operating Income
$ 5,643
Cap Rate
8.18 %

Specs

Bedrooms
3
Bathrooms
1.0
Living Space FT²
1,096
Living Space MT²
101
Lot Size Acres
Lot Size MT²
0
Year Built
1962
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