Great Rental Opportunity Under Market Value!

4053 Friendly Way, Memphis, TN 38115

$155,000 After Repair Value -
$105,000 Asking Price -
$7,000 Cost of Repairs =
$43,000 Potential Profit

Property Details

Asking Price $105,000

After Repair Value $155,000

Costs of Repairs $7,000

Potential Profit $43,000

Living Area 1,900 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 $1,100

Yearly Expenses N/A

Property Taxes N/A

Net Operating Income N/A

Cap Rate N/A

Property Description

This home has 3 bedrooms and 2 bathrooms. It is 1,900 Sq. Ft. The rent estimate is $1,100/mo. This property needs only minor repairs. The repair estimate is $7,000. We have a crew on standby to complete these repairs, if you need a team. ARV: $155,000.


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