4578 Crump Rd

Memphis, TN 38141
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3 bd, 2 ba | 1,274 sqft | Built in 1976

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Sale Pending

Exclusive

List Price
$138,375

Initial Investment

$37,707
Pre-approval letter or proof of funds required.
Features

Occupancy

Occupied

Lease Start

09/27/2019

Lease End

09/30/2023

Lot Size

9,100

HOA

None

Flood Risk

Not Required

  • NEW ROOF!
  • Leased through 09/30/2023
  • Below market rent
  • 7.1% cap rate with current market rent of $1300
  • Get more insight into this market here
See more in Analysis

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Annual Financial Highlights

Expected Rent

$10,545

Expenses

-$2,655

Property Taxes

-$1,900

Loan Payments

-$7,523

Net Cash Flow

-$1,533

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.

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