This property is being offered at $16,000. That is an 18.5% ROI. It is currently rented at $500 but could easily rent for $600+. Needs approximately $5,000 in rehab. Call/text Carmen 901-212-6626 $500/6000 Yearly rent, 480 Property Management 8%, 300 Maintenance 5%, 300 Vacancy 5%, 582 Taxes, 450 Approximate Insurance, $2112 Yearly Expenses/ $3888 Positive Cash Flow, 18.5% ROI based on all yearly expenses, buy price and $5,000 rehab cost
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