🏠 INVESTMENT OPPORTUNITY: Memphis, TN

📍 33 E Geeter Rd, Memphis, TN 38109
💰 Price: $25,000
🛏️ 2 bed | 🛁 1 bath | 📐 1,120 sqft

💵 INVESTMENT METRICS:
– Monthly Rent: $925
– Monthly Cash Flow: $546
– Cash on Cash Return: 130.98%
– Cap Rate: 32.09%

💸 DOWN PAYMENT: $5,000

📊 MONTHLY EXPENSES:
– Mortgage (P&I): $123
– Property Tax: $23
– Insurance: $21
– Maintenance: $46
– Vacancy Reserve: $74
– Property Mgmt: $93

📝 PROPERTY DETAILS:
House is burned and has no value, value is in the land. Lot next door is included in price

🔗 Full Listing: https://www.zillow.com/homedetails/33-E-Geeter-Rd-Memphis-TN-38109/42250891_zpid/

#realestateinvesting #rentalpropertyinvesting #cashflow #passiveincome #realestate

33 E Geeter Rd, Memphis, TN 38109, Memphis, TN

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