7317 Patsy Circle North (Under Contract)

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

Investment Info

Price
$ 203,000
Projected Rental Income
$ 18,000
Less 6% vacancy
$ 1,080
Annual Operating Income
$ 16,920

Annual Operating Expenses

Management at 10%
$ 1,800
Annual Taxes
$ 0
Insurance
$ 103
Yearly Maintenance Reserve
$ 720
Total Operating Expense
$ 2,623

Totals

Net Operating Income
$ 14,297
Cap Rate
7.04 %

Specs

Bedrooms
3
Bathrooms
2.5
Living Space FT²
0
Living Space MT²
0
Lot Size Acres
Lot Size MT²
0
Year Built
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