University of Memphis Rental Property

2295 Poe Ave, Memphis, TN 38114

$65,000 After Repair Value -
$25,000 Asking Price -
$20,000 Cost of Repairs =
$20,000 Potential Profit

Property Details

Asking Price $25,000

After Repair Value $65,000

Costs of Repairs $20,000

Potential Profit $20,000

Living Area 1,200 ft2

Property Type Single Family House

Bedrooms 3

Bathrooms 2

Half Bathrooms 0

Parking 0

Listed with Agent No

EPI (Estimated Potential Income)

Potential Rental Income $785

Yearly Expenses N/A

Property Taxes N/A

Net Operating Income N/A

Cap Rate N/A

Property Description

This single family home is located at 2295 Poe Ave. Memphis, TN 38114. It has 3 bedrooms and 2 bathrooms, and is approximately 1,200 sq. ft. It is a great rental opportunity, located 4 miles from University of Memphis. The estimated monthly rent is $785.

The estimated cost for renovation is $20,000. We have contractors on standby to complete these repairs for you, should you need a team. The estimated value of this home, after repairs is $65,000.

To learn more about this property, please reach out to Ruth directly at ruth freeze at g mail dot com or 3 one 5 38 five one 7 8 six.


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