9420 Grove Road (Available)

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

Investment Info

Price
$ 195,000
Projected Rental Income
$ 17,940
Less 6% vacancy
$ 1,076
Annual Operating Income
$ 16,864

Annual Operating Expenses

Management at 10%
$ 1,794
Annual Taxes
$ 2,972
Insurance
$ 715
Yearly Maintenance Reserve
$ 720
Total Operating Expense
$ 6,201

Totals

Net Operating Income
$ 10,663
Cap Rate
5.47 %

Specs

Bedrooms
3
Bathrooms
2.5
Living Space FT²
2,127
Living Space MT²
197
Lot Size Acres
Lot Size MT²
0
Year Built
2004
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