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Available

1776 Capri St,Memphis, TN 38117

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Price:  $94,900  | Current Rent $995  |  Est. Annunual NOI: $9,944  |  Cap Rate:  10.4%
Remarks:  Renovated 3 Bedrooms 1 Bath Beautiful Home with 1 Car Detached Garage (19 ft x17.5 ft) and 1 Car Attached Carport. Fenced in back yard. Hardwood Floors!! Super Cold Air!! The layout allows you to make this a 4 bedroom home if you want!!
 
Price:                          $94,900
Bed:                                 3
Bath:                                1
Market Rent Range:      $995
Sq Ft (Approx):               1250     
Year Built:                       1955
Parking:                          Attached Garage    
Floors:                             1
Type:                                Single Family Home
Heating/Cooling:            Central
Occupancy Status:         Vacant
Notes:  
1 Year Rent & Maintenance Guarantee!  
Financials:
Cap Rate:                                   10.4%
 
                                                   Monthly     Yearly
Avg Market Rent:                     $995            $11,940
Annual Taxes:                           $116            $  1,396
Est. Annual Insurance:            $  50             $    600
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*Net Operating Income             $829            $9,944  
 
 
1 Car Attached Carport.
Fenced in back yard.
Hardwood Floors
Super Cold Air!!
Amenities:

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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