1252 Greenwood St, Memphis, TN 38106
Price: $39,900 | Market Rent $550 | Est. Annunual NOI: $6,096 | Cap Rate: 15.28%
Remarks: Long Term Tenant Occupied, Rented for $550/Month. Market Rent Is Around $600. 3 Bd / 2 Bth, Fenced Backyard, Hardwood Floors. Separate Living Room, Den & Dining Room! Property Comes With A 1 Year Rent & Maintenance Guarantee!
Market Rent Range: $550-$650
Sq Ft (Approx): 1600
Year Built: 1920
Type: Single Family Home
Occupancy Status: Occupied
1 Year Rent & Maintenance Guarantee!
Cap Rate: 15.28%
Avg Market Rent: $600 $7,200
- Property Taxes: $50 $600
- Est. Annual Insurance: $42 $504
Net Operating Income $508 $6,096
Separate Dining Room
Separate Living Room
Fenced In Backyard
Nice Light Fixtures
For More Information,
Please Call 901-313-0074
• Stated gross returns and cash flow do not take into account vacancy and repairs that WILL happen over time.
• Our Property Management Team can manage the property for 10% of monthly rent.
• See " TurnKey" Page for details on our Rent & Maintenance Guarantee.
• All investors should allocate a reserve for maintenance and vacancy for any investment property. Vacancy and repairs are variable cost factors that can increase or decrease from year-to-year that will impact yields over time.