🏠 INVESTMENT OPPORTUNITY: Memphis, TN

📍 773 Alma St, Memphis, TN 38107
💰 Price: $12,000
🛏️ 1 bed | 🛁 1 bath | 📐 350 sqft

💵 INVESTMENT METRICS:
– Monthly Rent: $776
– Monthly Cash Flow: $518
– Cash on Cash Return: 258.8%
– Cap Rate: 57.65%

💸 DOWN PAYMENT: $2,400

📊 MONTHLY EXPENSES:
– Mortgage (P&I): $59
– Property Tax: $11
– Insurance: $10
– Maintenance: $39
– Vacancy Reserve: $62
– Property Mgmt: $78

📝 PROPERTY DETAILS:
Brick 1 bedroom 1 bath can be sold as a package with 775 alma St. No Wholesalers, No Seller Finance !

🔗 Full Listing: https://www.zillow.com/homedetails/773-Alma-St-Memphis-TN-38107/42133685_zpid/

#realestateinvesting #rentalpropertyinvesting #cashflow #passiveincome #realestate

773 Alma St, Memphis, TN 38107, Memphis, TN

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