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For sale: 1515.00 Sq.Ft. Single Family Home, Memphis TN - $52,000

Properties for saleSingle Family Home, Memphis TN
 
Size:1515.00 Sq.Ft..
Type:Single Family
Bedrooms:4
Bathrooms:2
Garage space:2 cars
Location:
4072 twin lakes, Memphis, TN 38128
See map & satellite photo. Print map.
Price(USD):$52,000
    Description:
#1 occupied rental, do not disturb tenant!!!
$353/mth cash flow & $43k equity @ .58 cents on the dollar.
Owner Financing !!!
video walk through at www.youtube.com/jdsp­roperties1

4072 twin lakes Memphis TN 38128 is a 1515sqft 4/2 with a carport and garage. This home is totally rehabbed and has a retail value of $90,000.00 and it can be yours at wholesale for only $52,000.00 (about .58 cents on the dollar).

This is a very good looking (mostly brick) home and neighborhood. This home is already rented for $845/mth and we estimate your note to be only $492/mth (90% of 52k @ 7.5%) which leaves you with an estimated $353/mth positive cash flow and a staggering $43,000.00 in equity. (48% equity)
My # is 901-212-7246 for those who want to call now!!!

Please email or call John Skaggs @ (901) 212-7246 to make appointment or request pics/more info.
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12.3.2008   #20672   Views: 4098 Add the ad to "Saved ads"Save the ad   Send e-mail to friends about the real estate adTell friends   Abuse report  
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