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

📍 489 Orchard Ave, Memphis, TN 38127
💰 Price: $85,000
🛏️ 4 bed | 🛁 2 bath | 📐 1,360 sqft

💵 INVESTMENT METRICS:
– Monthly Rent: $1,242
– Monthly Cash Flow: $390
– Cash on Cash Return: 27.55%
– Cap Rate: 11.4%

💸 DOWN PAYMENT: $17,000

📊 MONTHLY EXPENSES:
– Mortgage (P&I): $417
– Property Tax: $78
– Insurance: $71
– Maintenance: $62
– Vacancy Reserve: $99
– Property Mgmt: $124

📝 PROPERTY DETAILS:
Property is tenant occupied. DO NOT DISTURB TENANT. Fantastic addition to an investment portfolio.

🔗 Full Listing: https://www.zillow.com/homedetails/489-Orchard-Ave-Memphis-TN-38127/42218595_zpid/

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489 Orchard Ave, Memphis, TN 38127, Memphis, TN