6866 Castleman Street (Available)

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

Investment Info

Price
$ 83,000
Projected Rental Income
$ 9,900
Less 6% vacancy
$ 594
Annual Operating Income
$ 9,306

Annual Operating Expenses

Management at 10%
$ 990
Annual Taxes
$ 1,515
Insurance
$ 786
Yearly Maintenance Reserve
$ 720
Total Operating Expense
$ 4,011

Totals

Net Operating Income
$ 5,295
Cap Rate
6.38 %

Specs

Bedrooms
3
Bathrooms
2.0
Living Space FT²
2,372
Living Space MT²
220
Lot Size Acres
Lot Size MT²
0
Year Built
1972
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