🏠 INVESTMENT OPPORTUNITY: Memphis, TN

📍 1314 S Willett St, Memphis, TN 38106
💰 Price: $75,000
🛏️ 0 bed | 🛁 4 bath | 📐 2,222 sqft

💵 INVESTMENT METRICS:
– Monthly Rent: $1,663
– Monthly Cash Flow: $781
– Cash on Cash Return: 62.48%
– Cap Rate: 18.39%

💸 DOWN PAYMENT: $15,000

📊 MONTHLY EXPENSES:
– Mortgage (P&I): $368
– Property Tax: $69
– Insurance: $63
– Maintenance: $83
– Vacancy Reserve: $133
– Property Mgmt: $166

📝 PROPERTY DETAILS:
Property is currently a house church. Property was converted from a duplex to religious use.

🔗 Full Listing: https://www.zillow.com/homedetails/1314-S-Willett-St-Memphis-TN-38106/42142065_zpid/

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1314 S Willett St, Memphis, TN 38106, Memphis, TN

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