3489 Overton Crossing (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
  • 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
$ 49,000
Projected Rental Income
$ 7,500
Less 6% vacancy
$ 450
Annual Operating Income
$ 7,050

Annual Operating Expenses

Management at 10%
$ 750
Annual Taxes
$ 994
Insurance
$ 417
Yearly Maintenance Reserve
$ 720
Total Operating Expense
$ 2,881

Totals

Net Operating Income
$ 4,169
Cap Rate
8.51 %

Specs

Bedrooms
3
Bathrooms
1.0
Living Space FT²
1,091
Living Space MT²
101
Lot Size Acres
.16
Lot Size MT²
647.48
Year Built
1965
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