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$364/mth positive cash flow and $46k equity - $51,000

3810 twinmont | Memphis | 3 Bedrooms | 1636 sq ft | Private

$364/mth positive cash flow and $46k equity @ .51 cents on $
$364/mth positive cash flow and $46k equity @ .51 cents on $

Ad Details

Location: Memphis, Tennessee [see map]

  • Price:$51,000    
  • Bedrooms:3

Description

#1 $364/mth positive cash flow and $46k equity @ .51 cents on $

Video walk though at www.youtube.com/jdsproperties1

3810 Twinmont Memphis TN 38128 This home is right around the corner from the twin lakes property we sold last summer, which everyone wanted. It’s a solid brick 3/2, 1636 sqft built in 1972. This home is in a nice Raleigh neighborhood and has a retail value of $86,000.00, but you can get it right now for only $44,000.00 as is or $51k rehabbed.

We expect to rent this home for $800/mth (rent range is 775-850). If you purchase this house as is we can expect your monthly note to be around $435.63 PITI (272.88pi, 122.75t, 40i) and with $800/mth rent you will have a very nice $364.37/mth positive cash flow and a pretty good $46,000 in equity. (based on a loan amount of 40k)

Please call John Skaggs @ (901) 212-7246 for pics or more info

JDS Properties
Building YOUR wealth with real estate.
www.jdspropertiesmemphis.com
www.youtube.com/jdsproperties1

Memphis is a great place to live and invest in real estate.

Call JDS Properties NOW!! We are a real estate investment company and we provide our clients with a variety investment property. Some need work, but most are already rehabbed and rented with a paying tenant. We can provide asset management, lenders, hard money, attorneys, agents, inexpensive contractors, rehab supervision, and general guidance for as long as you own the property. What ever your real estate needs are, we’ve got you covered.

You are worth it!!! Call John D Skaggs Properties NOW @ (901) 212-7246

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