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Available
1569 Eason Ave, Memphis, TN 38116
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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
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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.
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