1905 Burnham ave (Available)

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  • Tennessee investment properties for sale | Tennessee real estate investment company | Tennessee real estate investment
  • Tennessee investment properties for sale | Tennessee real estate investment company | Tennessee real estate investment
  • Tennessee investment properties for sale | Tennessee real estate investment company | Tennessee real estate investment
  • Tennessee investment properties for sale | Tennessee real estate investment company | Tennessee real estate investment
  • Tennessee investment properties for sale | Tennessee real estate investment company | Tennessee real estate investment

Investment Info

Price
$ 61,000
Projected Rental Income
$ 10,236
Less 6% vacancy
$ 614
Annual Operating Income
$ 9,622

Annual Operating Expenses

Management at 10%
$ 1,023
Annual Taxes
$ 1,282
Insurance
$ 753
Yearly Maintenance Reserve
$ 720
Total Operating Expense
$ 3,778

Totals

Net Operating Income
$ 5,844
Cap Rate
9.58 %

Specs

Bedrooms
4
Bathrooms
2.0
Living Space FT²
2,258
Living Space MT²
209
Lot Size Acres
.50
Lot Size MT²
2023.39
Year Built
1955
Call Us

Property Location

Memphis

Memphis Investment Properties

Address: 4701 Summer Ave
Memphis, TN 38122

Telephone: 901-491-0854

Fax: 901-842-0803

Email: info@memphisinvestmentproperties.net