3488 Madewell (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

Investment Info

Price
$ 53,000
Projected Rental Income
$ 8,700
Less 6% vacancy
$ 522
Annual Operating Income
$ 8,178

Annual Operating Expenses

Management at 10%
$ 870
Annual Taxes
$ 781
Insurance
$ 466
Yearly Maintenance Reserve
$ 720
Total Operating Expense
$ 2,837

Totals

Net Operating Income
$ 5,341
Cap Rate
10.08 %

Specs

Bedrooms
3
Bathrooms
1.0
Living Space FT²
1,260
Living Space MT²
117
Lot Size Acres
.24
Lot Size MT²
971.23
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