3995 Covington Pike (Available)

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Investment Info

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Price
$ 85,000
Projected Rental Income
$ 10,740
Less 6% vacancy
$ 644
Annual Operating Income
$ 10,096

Annual Operating Expenses

Management at 10%
$ 1,074
Annual Taxes
$ 1,309
Insurance
$ 508
Yearly Maintenance Reserve
$ 720
Total Operating Expense
$ 3,611

Totals

Net Operating Income
$ 6,485
Cap Rate
7.63 %

Specs

Bedrooms
3
Bathrooms
1.0
Living Space FT²
1,407
Living Space MT²
130
Lot Size Acres
Lot Size MT²
0
Year Built
1956
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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