$51,000 Tenanted 4 bed Memphis home producing 12.8% net yield

4471 Westmont, Memphis, TN 38109 is a substantial 4 bedroom family home which has recently been refurbished and generates a great net income of over $6,800 per annum. Interior photos are available on request. 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:  $51,000 Buying Costs:   $2,500 TOTAL OUTLAY:  $53,500  RENTAL INCOME:  $9,600 per annum  OUTGOINGS:  Taxes:            …

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4471 Westmont, Memphis, TN 38109 is a substantial 4 bedroom family home which has recently been refurbished and generates a great net income of over $6,800 per annum. Interior photos are available on request.

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:  $51,000

Buying Costs:   $2,500

TOTAL OUTLAY:  $53,500

 RENTAL INCOME:  $9,600 per annum

 OUTGOINGS:

 Taxes:             $1,444.92

Insurance:        $540

Management:  $768

 

TOTAL OUTGOINGS:  $2,752.92

NET INCOME:   $6,847.08

THE NET YIELD IS THEREFORE A FANTASTIC 12.8%.

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