$59,500 MEMPHIS. 2 homes generating 17.2% net yield
3366 Eastport, Memphis, TN 38118 comprises a pair of semi-detached properties which have just been refurbished to a high standard. Interior photos are available upon request. Each of the properties has 2 bedrooms. New tenants have been approved and will be moving in shortly. 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: $59,500 Buying Costs: $2,500 TOTAL OUTLAY: $62,000…
3366 Eastport, Memphis, TN 38118 comprises a pair of semi-detached properties which have just been refurbished to a high standard. Interior photos are available upon request. Each of the properties has 2 bedrooms. New tenants have been approved and will be moving in shortly.
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: $59,500
Buying Costs: $2,500
TOTAL OUTLAY: $62,000
RENTAL INCOME: $14,400 per annum
OUTGOINGS:
Taxes: $2,003.04
Insurance: $600
Management: $1,152
TOTAL OUTGOINGS: $3,755.04
NET INCOME: $10,644.96
THE NET YIELD IS THEREFORE A FANTASTIC 17.2%.
For further information or to reserve this property, please complete the enquiry form as soon as possible.
