$42,000 Lovely Memphis home generating 13.22% net yield
5741 Wintertree, Memphis, TN 38115 is a detached 3 bedroom property in a good residential district which has been the subject of complete refurbishment. Interior photos are available upon request. A tenant has been approved and will be moving in shortly generating a net income of $5,882 per annum. Unlike many of our competitors, we take into account all closing and ongoing costs to give you a genuine net yield! KEY FIGURES: Purchase Price: $42,000 Buying…
5741 Wintertree, Memphis, TN 38115 is a detached 3 bedroom property in a good residential district which has been the subject of complete refurbishment. Interior photos are available upon request. A tenant has been approved and will be moving in shortly generating a net income of $5,882 per annum.
Unlike many of our competitors, we take into account all closing and ongoing costs to give you a genuine net yield!
KEY FIGURES:
Purchase Price: $42,000
Buying Costs: $2,500
TOTAL OUTLAY: $44,500
RENTAL INCOME: $8,280 per annum
OUTGOINGS:
Taxes: $1,089.60
Insurance: $480
Management: $828
TOTAL OUTGOINGS: $2,397.60
NET INCOME: $5,882.40
THE NET YIELD IS THEREFORE A FANTASTIC 13.22%.
For further information or to reserve this property, please complete the enquiry form as soon as possible.
