5318 Crossfiled Rd (Available)

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

Investment Info

Brand new home build in Memphis TN. The Mimosa floorplan offers 3 bedroom and 2 bath, hardwood floors throughout, updated nickle light fixtures, all brick construction, low-maintainance vinyl double pane windows, and builders warranty.

Price
$ 129,999
Projected Rental Income
$ 15,000
Less 6% vacancy
$ 900
Annual Operating Income
$ 14,100

Annual Operating Expenses

Management at 10%
$ 1,500
Annual Taxes
$ 1,794
Insurance
$ 492
Yearly Maintenance Reserve
$ 720
Total Operating Expense
$ 4,506

Totals

Net Operating Income
$ 9,594
Cap Rate
7.38 %

Specs

Bedrooms
3
Bathrooms
2.0
Living Space FT²
1,350
Living Space MT²
125
Lot Size Acres
Lot Size MT²
0
Year Built
2017
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