12.13% ROI-Free Maintenance Warranty Sold

  • $70000
  • 3 beds
  • 2 baths
  • 2058 sqft

Cash Flow Analysis
Rental Income $895/$10,740 Annually
Property Mgt.@8% $859
RE Taxes 839
Insurance 550
Vacancy -0- (Due to tenant be a long term tenant)
Repairs -0- (Due to our 100% maintenance warranty first 12 months)
Expenses $2248
Positive Cash Flow $8492
ROI % 12.13
Purchase Price $70,000

Price:
$70000
Address:
3437 Freland Dr.
Memphis, TN 38118
Square Feet:
2058
Bedrooms:
3
Bathrooms:
2
Terms:
For Sale
Property Type:
Home
Year Built:
1961
Basement:
None
Const. Type:
Brick

Additional Features

Fantastic Investment House Located in the Heart of One of The Best Rental Neighborhoods in Memphis. This Brick Beauty 3 bedrooms, 2 baths, Large Den, Living Room, Dining Room Located on an Excellent Lot with Fenced Back Yard...This House is Close To Everything! House is Rented at $895 to a Great Tenant. Instant Equity Position. Comps: 3407 Freland for sale @ $85,000 4696 Wooddale for sale @ $94,500 3323 Boxdale for sale @ $89,900 3479 Stone for sale @ $89,900

Call (901) 443-4660 for more details

Property Location

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