Great investment opportunity in Memphis! π This property at 1141 Margaret Rd. is located in a vibrant neighborhood with strong rental demand and easy access to local amenities. Donβt miss your chance to capitalize on this prime investment! π‘πΌ
This home will take minimal clean up and be rent ready in no time!
Investment Analysis of 1141 Margaret Rd, Memphis TN 38109:
| Down Payment (20%) |
$13,300 |
| Monthly Mortgage Payment |
$335.97 |
| Property Management Fee (8%) |
$80 |
| Monthly Maintenance (5%) |
$50 |
| Total Monthly Operating Expenses |
$270 |
| Total Monthly Expenses |
$605.97 |
| Monthly Cash Flow |
$394.03 |
| Annual Cash Flow |
$4,728.36 |
* This is only a projection. Each investor must do their own due diligence with their own funding sources. We use the standard 20% down payment conventional loan. Interest rates fluctuate and terms differ from lender to lender, so we recommend working with your own professionals to get more accurate numbers based on your investment lending sources.
Call us today to schedule a walk through! 901-808-8448
