Passiveincome! Positive Cash flow! @ 3daybid.com
Auction ENDS: May27, 2008
Property is located in Memphis , TN 38112
Currently Rented for $995 per month
Appraised Value: $120,000
Equity: $12,000
Taxes: $1,928
Insurance: $700 - $800
Closing Cost Credit: $300
Warranty Plan Credit: $300
Warranty Deed
Package Deal Available
PropertyDescription:
4Bedroom/3 bath
Greatrental area, home is currently rented on a 2 year lease with 1st year at $995and 2 year at $1045. Property has been completely renovated in Summer of 2007
Passive income! Positive Cash flow!
All Cash Offers Only.
$300.00 Credit towards Closing costs
$2000.00 Non Refundable Deposit applied to purchase price.
$300.00 Credit to Buyer for Home Warranty Plan
All deposits with overnight Cashier's Check
All closings with bona fide Attorney and title company (2 weeks)
Management Fee - 10% monthly
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Tags: Investment Property
