🏠 INVESTMENT OPPORTUNITY: Memphis, TN

📍 2396 Hubbard Ave, Memphis, TN 38108
💰 Price: $31,000
🛏️ 4 bed | 🛁 1 bath | 📐 1,401 sqft

💵 INVESTMENT METRICS:
– Monthly Rent: $1,189
– Monthly Cash Flow: $709
– Cash on Cash Return: 137.24%
– Cap Rate: 33.34%

💸 DOWN PAYMENT: $6,200

📊 MONTHLY EXPENSES:
– Mortgage (P&I): $152
– Property Tax: $28
– Insurance: $26
– Maintenance: $59
– Vacancy Reserve: $95
– Property Mgmt: $119

📝 PROPERTY DETAILS:
Property selling as is ~ Needs a lot of repairs ~ As is offers only ~ No wholesale offer

🔗 Full Listing: https://www.zillow.com/homedetails/2396-Hubbard-Ave-Memphis-TN-38108/42158153_zpid/

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2396 Hubbard Ave, Memphis, TN 38108, Memphis, TN