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Listing No. 5111
Turn-key Investment Property. Perfect for absentee
City
Memphis -
Address
2699 Enterprise Avenue
Memphis, Tennessee
38114
United States | Map
Asking $ 45,700.00
Beds: 3
Baths: 1
Cars:
Age:
Size sq ft: 1104
Land Acres: 1
Value: What's It Worth?
Type: House
Transaction: For Sale
Listing: Private Sale
Property Taxes: Annual $287
Description










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Turn-key Investment Property. Perfect for absentee...


Fully rented. Management in place. Management collects rent, deducts expenses and sends balance to owner.

Monthly Rent: $550
Annual Rent: $6,600
Annual Taxes: $287
Annual Insurance: $164
Annual Property Management Fee (10%): $660
Annual Net Operating Income: $5,489
Return On Investment: 12.01%

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Discounted Notes Also Available


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Posted by: johnhulme on May 25, 2012
Phone: (213) 947-1093
Mobile: (213) 947-1093
View all: my listings
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