If you are looking for Turn Key rental opportunities, this one should be on your radar.
House has been completely renovated to like new condition.
Great 3 bedroom 1 bathroom floorplan with an attached carport and a great yard. This property offers a 14+% ROI, and comes with a 1 year warranty from the builder and a tenant placed at $1450 per month. This property is close to many different larger employers, close to schools, and neighborhood amenities.
Investment Analysis for Beaverton Dr, Memphis TN 38127
| Down Payment (20%) |
$28,500 |
| Monthly Mortgage Payment |
$721.50 |
| Property Management Fee (8%) |
$120 |
| Monthly Maintenance (5%) |
$75 |
| Total Monthly Operating Expenses |
$358.25 |
| Total Monthly Expenses |
$1,079.75 |
| Monthly Cash Flow |
$420.25 |
