$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: …
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.
