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occupied rental $353/mth cash flow & $43k - $52,000

4072 twinlakes | Memphis | 4 Bedrooms | 1515 sq ft | Private

occupied rental $353/mth cash flow & $43k equity  @ .58 cents on the dollar
occupied rental $353/mth cash flow & $43k equity @ .58 cents on the dollar

Ad Details

Location: Memphis, Tennessee [see map]

  • Price:$52,000    
  • Bedrooms:4

Description

#1 occupied rental, do not disturb tenant!!!
$353/mth cash flow & $43k equity @ .58 cents on the dollar.
Owner Financing !!!
video walk through at www.youtube.com/jdsproperties1

4072 twin lakes Memphis TN 38128 is a 1515sqft 4/2 with a carport and garage. This home is totally rehabbed and has a retail value of $90,000.00 and it can be yours at wholesale for only $52,000.00 (about .58 cents on the dollar).

This is a very good looking (mostly brick) home and neighborhood. This home is already rented for $845/mth and we estimate your note to be only $492/mth (90% of 52k @ 7.5%) which leaves you with an estimated $353/mth positive cash flow and a staggering $43,000.00 in equity. (48% equity)
My # is 901-212-7246 for those who want to call now!!!

Please email or call John D. Skaggs @ (901) 212-7246 to make appointment or request pics/more info.

Or visit our website at www.jdspropertiesmemphis.com

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