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1628 Amarillo St, Memphis, TN 38114

Price:  $53,400  | Market Rent $725  |  Est. Annunual NOI: $7,488  |  Cap Rate:  14%
Remarks:  Completely Renovated Home! Market Rent Is Around $725.  3 Bd / 1 Bth, Huge Yard Completely Fenced In, New Tile, Backsplash, and Countertop,  New Faucets & Light Fixtures!  Gorgeous Hardwood Floors!  Central Heat!  Property Comes With A 1 Year Rent & Maintenance Guarantee!  


Price:                          $53,400
Bed:                                 3
Bath:                                1
Market Rent Range:      $675-$725
Sq Ft (Approx):               1100   
Year Built:                       1951
Parking:                           Driveway  
Floors:                             1
Type:                                Single Family Home
Heating/Cooling:            Central
Occupancy Status:         Vacant
1 Year Rent & Maintenance Guarantee!  
Cap Rate:                                   14%
                                                   Monthly     Yearly
Avg Market Rent:                     $725             $8,700
- Property Taxes:                      $59               $708
- Est. Annual Insurance:          $42               $504
Net Operating Income             $624          $7,488
Totally Renovated
Gorgeous Hardwood Floor
New Bathroom Vanity
Ceramic Tile On Kitchen And Bath Floor 
Kitchen Backsplash
Central Heat
Fenced In Yard
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.

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