1634 Southwall , Memphis , TN 38114

70000
2
BD
1
BA
800
SqFt
List Price
70000
Status
Off Market
Property Type
Single Family
Bedrooms
2
Bathrooms
1
Living Area
800

Property Description

This investment property has upside potential in rent of and appreciation.

Low taxes, higher value, rental increase option & lease ends this year so flipping home is optional. 

 

Currently Rented, Tenant pay $700.00 per month. *Fair market rent range ($800)

 

Sales Price: $70,000.00

Comps: $80,000-85,000.00

Taxes: $413.00

NO HOA

CAP RATE: 6%

EST CAP RATE: 7.6%

 

Contact US Today to Find out More. 

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Calculator source: Real Geeks