$36,500 Memphis. Lovely bungalow generating genuine 15.6% net yield

Built in 1969, this detached property offers 1,016 square feet of accommodation on a lot of 8,424 square feet. Genuine net income per annum of 15.6%. Unlike many of our competitors, we take into acount all closing and ongoing costs to give you a genuine net yield!   KEY FIGURES: Purchase Price:  $36,500 Buying Costs:   $2,500 TOTAL OUTLAY:  $39,000  RENTAL INCOME:  $8,400 per annum  OUTGOINGS:  Taxes:             $888 Insurance:        $588 Management:  $840   TOTAL…

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Built in 1969, this detached property offers 1,016 square feet of accommodation on a lot of 8,424 square feet. Genuine net income per annum of 15.6%.

Unlike many of our competitors, we take into acount all closing and ongoing costs to give you a genuine net yield!

 

KEY FIGURES:

Purchase Price:  $36,500

Buying Costs:   $2,500

TOTAL OUTLAY:  $39,000

 RENTAL INCOME:  $8,400 per annum

 OUTGOINGS:

 Taxes:             $888

Insurance:        $588

Management:  $840

 

TOTAL OUTGOINGS:  $2,316

NET INCOME:   $6,084

THE NET YIELD IS THEREFORE A FANTASTIC 15.6%.

For further information or to reserve this property, please complete the enquiry form as soon as possible.