© 2020  Premiere National Properties / T 901-313-0074 / F 901-297-0074 / Office@RodneyAdams.com

 

All Information, including Square Footage, deemed reliable but not warranted.

Available

1569 Eason Ave, Memphis, TN 38116

Price:  $103,900  | Market Rent $1,050  |  Est. Annunual NOI: $10,176 |  Cap Rate:  9.8%
Remarks:  Completely Renovated & Remodeled Home! Market Rent Is Around $1,050.  Spacious Luxurious 5 Bd / 2 Bth, Huge Yard Fenced-In BackYard. New Tile, Backsplash, Cabinets, Countertops, Vanities, Faucets & Light Fixtures!  Hardwood Floors!  Huge Den! NEW Central Heat & Air!   Property Comes With A 1 Year Rent & Maintenance Guarantee!  

 

Price:                          $103,900
Bed:                                 5
Bath:                                2
Market Rent Range:      $975-$1,050
Sq Ft (Approx):               1906   
Year Built:                       1965
Parking:                           Carport  
Floors:                             1
Type:                                Single Family Home
Heating/Cooling:            Central Heat & Air
Occupancy Status:         Vacant
Notes:  
1 Year Rent & Maintenance Guarantee!  
Financials:
Cap Rate:                                   9.8%
 
                                                   Monthly     Yearly
Avg Market Rent:                     $1,050          $12,600
- Property Taxes:                      $139             $1,668
- Est. Annual Insurance:          $63               $756
_____________________________________________________
Net Operating Income             $848            $10,176
 
 
Totally Renovated
Gorgeous Hardwood Floor
New Bathroom Vanities
Luxury Tile On Kitchen And Bath Floor 
Huge Den
New Hot Water Heater
 
 
Amenities:
Kitchen Backsplash
Central Heat & Air
Huge Fenced In BackYard
Nice Light Fixtures
Designer Tile In Tub And Shower
Huge Walk In Closets

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.