🏠 INVESTMENT OPPORTUNITY: Memphis, TN

📍 775 Alma St, Memphis, TN 38107
💰 Price: $70,000
🛏️ 4 bed | 🛁 2 bath | 📐 2,076 sqft

💵 INVESTMENT METRICS:
– Monthly Rent: $1,364
– Monthly Cash Flow: $584
– Cash on Cash Return: 50.06%
– Cap Rate: 15.9%

💸 DOWN PAYMENT: $14,000

📊 MONTHLY EXPENSES:
– Mortgage (P&I): $344
– Property Tax: $64
– Insurance: $58
– Maintenance: $68
– Vacancy Reserve: $109
– Property Mgmt: $136

📝 PROPERTY DETAILS:
7-bedroom rooming home Vacant as of now. Sold as is. 773 Alma can be sold as a package.

🔗 Full Listing: https://www.zillow.com/homedetails/775-Alma-St-Memphis-TN-38107/42133684_zpid/

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775 Alma St, Memphis, TN 38107, Memphis, TN

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