🏠 INVESTMENT OPPORTUNITY: Memphis, TN

📍 1257 E Alcy Rd, Memphis, TN 38106
💰 Price: $17,500
🛏️ 3 bed | 🛁 2 bath | 📐 1,200 sqft

💵 INVESTMENT METRICS:
– Monthly Rent: $848
– Monthly Cash Flow: $536
– Cash on Cash Return: 183.91%
– Cap Rate: 42.67%

💸 DOWN PAYMENT: $3,500

📊 MONTHLY EXPENSES:
– Mortgage (P&I): $86
– Property Tax: $16
– Insurance: $15
– Maintenance: $42
– Vacancy Reserve: $68
– Property Mgmt: $85

📝 PROPERTY DETAILS:
Home has been reframed. Everything new floor joist, plywood, 2×4, 2×6 and 2×8

🔗 Full Listing: https://www.zillow.com/homedetails/1257-E-Alcy-Rd-Memphis-TN-38106/42201379_zpid/

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1257 E Alcy Rd, Memphis, TN 38106, Memphis, TN