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Homes for Sale in Memphis, TN
Memphis homes, condos, land, houses for sale, new homes and foreclosures.
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Home for sale in Memphis, Tennessee
Turn-key Investment Property. Perfect for absentee owner.
Fully rented. Management in place. Management collects rent, deducts expenses and sends balance to owner.
Monthly Rent: $550
Annual Rent: $6,600
Annual Taxes: $287
Annual Insurance: $164
Annual Property Management Fee (10%): $660
Annual Net Operating Income: $5,489
Return On Investment: 12.01%
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2699 Enterprise Avenue Memphis, Tennessee 38114
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