$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…
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.
