$385.21 positive cash flow & $45k in equity
;)
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$385.21 positive cash flow & $45k in equity
Video of B4 rehab at www.youtube.com/jdsproperties1
5330 Steuben Memphis TN 38134 is only one block from Bartlett. It’s a 1675 sqft 3/2 and it has a 2 car garage. It does need about 12k in rehab to get it retail/rent ready, but it has a retail value of $104,000.00 and you can have it for only $53,000.00 (that’s only .51cents on the dollar) or $65k rehabbed.
This house will rent for $950-1050 and we can expect your monthly mortgage note to be $614.79 leaving you an estimated $385.21 in positive cash flow and approximately $45,000 in equity
Call John Skaggs @ 901-212-7246
www.jdspropertiesmemphis.com
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