Charming and Fully Updated Home for Sale! 🏡
This rental property is packed with recent upgrades, making it the perfect investment, it rents for $1,300/month and provides a 10+% ROI for your investment portfolio. This home comes with a 1 year warranty from the builder so no repair worries in the first 12 months making this an easy buy for your portfolio. Close to Large employers, schools and amenities.
- New roof, security doors, and fresh exterior & interior paint
- Fully remodeled kitchen with updated lighting
- New flooring throughout the entire house
- Refreshed condenser with a protective cage
- Spacious and secure backyard, perfect for outdoor living
- Carport plus a large storage room at the end
- Fully fenced front yard in a great, safe neighborhood
- Brand new hot water heater
Investment Analysis of 2452 Chattering Ln, Memphis TN 38127:
| Down Payment (20%) |
$28,000 |
| Monthly Mortgage Payment |
$707.89 |
| Property Management Fee (8%) |
$104 |
| Monthly Maintenance (5%) |
$65 |
| Total Monthly Operating Expenses |
$352.41 |
| Total Monthly Expenses |
$1,060.30 |
| Monthly Cash Flow |
$239.70 |
| Annual Cash Flow |
$2,876.40 |
* 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 or text today to schedule a showing 901-808-8448
