🏠 INVESTMENT OPPORTUNITY: Memphis, TN

📍 1540 Clementine Rd, Memphis, TN 38106
💰 Price: $65,000
🛏️ 3 bed | 🛁 1 bath | 📐 1,446 sqft

💵 INVESTMENT METRICS:
– Monthly Rent: $1,123
– Monthly Cash Flow: $432
– Cash on Cash Return: 39.86%
– Cap Rate: 13.86%

💸 DOWN PAYMENT: $13,000

📊 MONTHLY EXPENSES:
– Mortgage (P&I): $319
– Property Tax: $60
– Insurance: $54
– Maintenance: $56
– Vacancy Reserve: $90
– Property Mgmt: $112

📝 PROPERTY DETAILS:
Great house for investors.

🔗 Full Listing: https://www.zillow.com/homedetails/1540-Clementine-Rd-Memphis-TN-38106/42201190_zpid/

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1540 Clementine Rd, Memphis, TN 38106, Memphis, TN

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