5012 Depanne Rd
Memphis, TN 38116
List Price
$155,000
Initial Investment
$42,238$
about the purchase process.
Features
Occupancy
Vacant
Vacancy Protection
Yes
Lot Size
10,800
HOA
None
Flood Risk
Not Required
- Vacant property
- Get more insight into this market here
- 3 bedroom / 1.5 bath with attached one car garage
- Attractive cap rate and potential cash flow
- Centrally located to multiple parks, schools, malls and restaurants
- Owner recently completed the following repairs: Trimmed trees surrounding home, interior cleaning of whole home, new interior paint, pest control, dry wall repairs, new screens installed, refinished bathrooms, and new blinds installed
See more in Analysis
Annual Financial Highlights
Expected Rent
$15,960Expenses
-$3,880Property Taxes
-$2,200Loan Payments
-$8,427Net Cash Flow
$1,453See 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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