Description:

Price $63,250

Rental Income; $11,700 Gross Yield; 14.65%

Total Closing Costs $1600 approx

This home has 3 bedrooms 1.5 baths, 1,198 square feet,

Separate Living Room/Dining Room,

Brick Built,

Central Heat/Air,

Beautiful Neighborhood.

Great Investment Opportunity in A Very Good Part Of The Sought After Parkway Village Area of Memphis in The Winchester Woodlands Subdivision.

There is a beautiful cottage with electric in the rear yard!

Very Good Area of Memphis with Schools, Shopping and Parks Very Near.

Great Upside Potential.

IF SOLD IN 5 YEARS AS SHOWN THE AVERAGE ANNUAL CASH ON CASH RETURN IS 46.61%

THIS HOME WAS PURCHASED FROM AN ESTATE AND HAS NEVER BEEN RENTED BEFORE!!

ASK FOR FULL FINANCIAL BREAKDOWN PDF FILE

ASK FOR INTERNAL PHOTOS PDF FILE

Any Euro price quoted is for comparison purposes only and whilst correct at time of listing will be subject to currency fluctuations. The investment price will be sold in US Dollars.