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Recently Sold Properties

Select properties for the owner occupant or investor who is looking for long-term appreciation.

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3220 Douglass Avenue - Memphis, TN 38111

3220 Douglass


Worksheet: 3220 Douglass Avenue

Monthly Rent

$ 725

Monthly fixed expenses:


Property Taxes

$ 73

Insurance

$ 44

Vacancy / Repair / Reserve 12%

$ 87

Management 8%

$ 58

Total Fixed Expenses

$ 262

Gross Rental Income
(rent less fixed expenses)

$ 463


3220 Douglass Avenue - Memphis, TN 38111
Two bedroom one bath, renovated.  Central air and heat.  Rented at $750 per month.  Possible owner financing with small down payment.  Property management in place.

Sold Price: $42,900

1038 N. Holmes Street - Memphis, TN 38122

1038 N. Holmes Street

Worksheet: 1038 N. Holmes Street

Monthly Rent

$ 675

Monthly fixed expenses:


Property Taxes

$ 45

Insurance

$ 45

Vacancy / Repair / Reserve 12%

$ 81

Management 8%

$ 54

Total Fixed Expenses

$ 225

Gross Rental Income
(rent less fixed expenses)

$ 450

1038 N. Holmes Street - Memphis, TN 38122
3 bedroom, 1 bath.  Property management in place.

Sold Price: $34,900

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