Price:
$49,500
Address:
4405 Wooddale Avenue
City:
Memphis
State:
TN
Zip:
38118
Bedrooms:
6
Bathrooms:
4
Share Listing | Duplex House for sale by owner ... Turn key rental. Management in place. 4405-4407 Wooddale Avenue, Memphis, TN 38118, 2,311 sq ft, 6 bedrooms, 4 baths. Purchase price of only $49,500 Monthly Rent: $1,300 Annual Rent: $15,600 Taxes: $1,738 Insurance: $166 Property Management Fee (10%): $1,560 Cash Flow: $12,136 Cash on Cash Return: 24.52% Repair/Vacancy Reserve (20%): $3,120 Net Cash Flow: $9,016 Cash on Cash Return: 18.21% 5% Annual Appreciation: $2,475 Total Potential Return: $11,491 Potential Annual RO I: 23.21%
Extra Information for 4405 Wooddale Avenue Memphis, TN 38118
- Seller Type: By Owner
- Category: Multi-Family Residences for Sale
- Square Feet: 2311
- Conditions: Resale
- Listed Date: Sep 15, 2023
