Memphis, Tennessee

$59,900
  • Size: 1000 sq ft
  • Bedrooms: 2 (Per Side)
  • Bathrooms: 1.5 (Per Side)
  • Floors: 1

For all the duplex investors out there it does not get much better than this Memphis investment property.

Our Memphis Asset Management company continues to send us incredible real estate investment opportunities like no other.

Memphis Investment Property Duplex Summary

CALL JEFF LINDIKOFF FOR DETAILS at (541) 537-2042

Market Value:   Monthly Rental Income $1200  
Price: $59,900 Property Management ($96)
Bedrooms 2 per side Property Taxes ($144)
Bathrooms 1.5 per side Insurance / HOA Fees ($50)
Square Footage 1000 Maintenance / Vacancy ($48)
Year Built CALL Total Operating Expenses ($338)
Parking Spaces CALL Approx. Net Operating Income $862
Lot Size (Sq ft) CALL Rented / Leased  

This great brick duplex is priced at $59,900 and rents for $1,200/Month ($600 per side). Hurry on this one because our last Memphis Investment property sold within 48 hours time since we made it available to the group.

If you have any interest at all in this particular property, contact Jeff Lindikoff immediately at (541)537-2042

  • 2 Bedrooms (per side)
  • 1 1/2 Bathrooms (per side)
  • 1,000 Square Feet (per side)
  • Rent $1200 ($600 per side)
  • Great Cash Flow
  • 18% Return on a cash investment
  • Just $30 per square foot
  • Taxes $144.17/month
  • Insurance $50/month (est)
  • Property Management $96.00/month

Only $59,900

We’ve been telling you again and again. Memphis, TN real estate is beginning to turn around and you don’t want to be waiting in the wind while everything starts to go up.

  • Each Memphis investment property we offer has a lot going for it. Don’t forget the fact that the investment properties that we make available to our investors can cash flow nicely.
  • If you knew that the Memphis investment property you will buy this year will likely go up by 1/5 of it’s current value would you buy? Bloomberg Business Week sees Memphis to boom going into 2014 by 20%. You have cash flow and appreciation. Why choose one when you can have both?!
  • Memphis real estate is expected to appreciate in the coming years. Money Magazine as well as Business 2.0 has Memphis in their top 10 cities to recover from the downturn in the economy. When their is research from Money Magazine and Business 2.0 showing upside potential for real estate investors need to pay attention.
  • Strong rental markets are hard to come by with the economy in its current state. Even if you get a great deal on a property you may have difficulty finding a renter. Not difficult with a Memphis investment property because Memphis has a strong rental market and with the projected recovery it will most likely only get stronger.
  • You will be able find longer term renters that can pay their rents on time. With increasing demands on finding good housing you will most likely be able to maintain rents and / or increase them over time due to demand.
  • You won’t have to settle for whatever renters come by. If there’s a lot more demand you will be able to choose better renters that could take care of your property for you.

Try not to allow yourself personally get caught in the mode of over-analyzing every single thing with regards to to acquiring an investment property. Many of our investment properties that we feature are put into a contract within days of making it available to our private real estate investment clubs.

Jeff goes over the details of each of the real estate income properties you see on this website. We receive multiple real estate investment opportunities each week and so he personally picks those that make the most sense and of course can benefit the people in our real estate club.

All you have to do is make a quick call and talk to Jeff Lindikoff (541)537-2042 regarding this property and how good of an acquisition this real estate investment property could be to add this to your real estate portfolio.


Memphis, Tennessee

Your Agent for this listing

Jeff Lindikoff
Agent
Office: 541-537-2042
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