🏠 INVESTMENT OPPORTUNITY: Memphis, TN
🏠 TENANT IN PLACE – Immediate Cash Flow!

📍 3245 Sherrycrest Dr, Memphis, TN 38128
💰 Price: $75,000
🛏️ 3 bed | 🛁 2 bath | 📐 1,110 sqft

💵 INVESTMENT METRICS:
– Monthly Rent: $1,111
– Monthly Cash Flow: $356
– Cash on Cash Return: 28.48%
– Cap Rate: 11.59%

💸 DOWN PAYMENT: $15,000

📊 MONTHLY EXPENSES:
– Mortgage (P&I): $368
– Property Tax: $69
– Insurance: $63
– Maintenance: $56
– Vacancy Reserve: $89
– Property Mgmt: $111

📝 PROPERTY DETAILS:
**Do Not Approach Property** Tenant Occupied No Wholesalers, No Showings without prior accepted Offer. POF Required with all offers.

🔗 Full Listing: https://www.zillow.com/homedetails/3245-Sherrycrest-Dr-Memphis-TN-38128/42283141_zpid/

#realestateinvesting #rentalpropertyinvesting #cashflow #passiveincome #realestate

3245 Sherrycrest Dr, Memphis, TN 38128, Memphis, TN

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