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$87,500 / 3br - 960ft2 - Turnkey Investment Property - 1485 South Ave (Memphis, TN)

1485 SOUTH AVE, MEMPHIS, TN 38106

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1485 SOUTH AVE

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3BR / 1Ba 960ft2
PASSIVE INCOME MACHINE!!

Lot Size: 5,227 sqft
Year Built: 1954
Occupancy Status: Currently Rented for $775 a Month

This is a 3 Bedroom 1 bath home located in South Memphis area of Memphis TN, 960 Square Feet.

Property Management Fee $62 a Month.

Property Taxes- $35.00 a Month – TAXES ONLY!!!

Insurance Quote -$50 a Month
Vacancy- $45.00

Maintenance- $45.00
CAP EX- $55.00

If purchased all cash no Mortgage you would expect to CASH FLOW- $483.00

Contact if you are interested in this property- Derrick Craig (Memphis Buy and Hold Website)

post id: 7733117057

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