CASH FLOW MACHINE!!! DUPLEX!! Very Nice!! Status: AVAILABLE Purchase Price: $189,500.00 Property Type: Multi-Family-Duplex Beds/Baths: 4 beds, 2 baths Square Feet: 1,638 sqft Lot Size: 0.186 acres Year Built: 1948 Occupancy Status: Both units are RENTED $950 and other side $850 Total = $1800.00 PROPERTY DESCRIPTION 1150 N McNeil St Memphis TN 38107 Tax Assed – $48,800.00 Sg Footage – 1,638 Currently Rented – $950 & $850 Total rent $1800.00 Taxes- $924.00 a Year Insurance- $475.00 a Year Property Management- 8% Currently Managed by DCC RENTALS LLC = $144.00 Our sister company DCC RENTALS LLC can manage this property for you with ease 8% management fee which is negotiable if you allow us to manage more properties in your investment portfolio call 901-212-4476 Stated gross returns and cash flow do not take into account vacancy and repairs that WILL happen over time. All investors should allocate a reserve for maintenance and vacancy for any investment property. Vacancy and repairs are variable cost factors that can increase or decrease from year-to-year that will impact yields over time.
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