Description
#1 recently rehabbed and 100% occupied. Do not disturb tenant!!!
Instant cash flow of $313/mth and $29k in equity
2868 knight Memphis TN 38118 is a 1142sqft 3/2 built in 1973. This home is occupied by a paying tenant. Knight has a retail value of $72,000.00 but you can have it for only $43,000.00 (only .60 cents on the dollar)
We figure your note to be only $436.92/mth PITI and with the $750/mth rent you will have instant positive cash flow of $313.08/mth and $29,000.00 in equity.
Please email or call JDS Properties at (901) 212-7246 to request pics or more info. All pics can be seen at www.myspace.com/jdspropertiesmemphis
NOTE: The Memphis Investment Property meeting is today(3/12/09) at 6101 Shelby Oaks Dr. (sycamore view and 40) from 7-9pm you can show up between 6-7 for networking and early bird meetings. We will have a panel of experts to talk about RE investing today.
John D. Skaggs Properties
Building YOUR wealth with real estate.
John Skaggs
Owner
(901) 212-7246
FAX 866-900-1827
www.jdspropertiesmemphis.com
www.youtube.com/jdsproperties1
www.myspace.com/jdspropertiesmemphis
www.meetup.com/The-Memphis-Investment-Property-Meetup-Group
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