2632 New Raleigh Rd

Memphis, TN 38128
image0

3 bd, 1 ba | 1,716 sqft | Built in 1948

Sale Pending

Exclusive

List Price
$90,000

Initial Investment

$24,525
Features

Occupancy

Occupied

Lease Start

02/22/2021

Lease End

02/28/2022

Lot Size

48,744

HOA

None

Flood Risk

Not Required

  • Get more insight into this market here
See more in Analysis

Have a question for us?

We’re happy to help!

Ask a Question

Annual Financial Highlights

Expected Rent

$9,690

Expenses

-$2,799

Property taxes

-$1,300

Loan Payments

-$3,867

Net Cash Flow

$1,724

See more in Financials

Property Characteristics

Inspection Contingency

This home will be inspected after the offer is accepted and prior to closing, during which time you can negotiate price or repairs based on the inspector's findings or cancel the contract.
  • This property will be professionally inspected before closing.
  • You'll have the opportunity to negotiate a lower price or repairs if any issues are identified during the inspection process.
  • Your earnest money deposit will be refunded if you cancel the transaction before the inspection contingency termination date.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.