5539 Knight Arnold Rd

Memphis, TN 38115
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4 bd, 3 ba | 2,136 sqft | Built in 1969

Sold

Exclusive

List Price
$160,000

Initial Investment

$165,445
Features

Occupancy

Occupied

Lease Start

04/01/2021

Lease End

04/01/2022

Lot Size

11,005

HOA

None

Flood Risk

Not Required

See more in Analysis

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Annual Financial Highlights

Expected Rent

$13,680

Expenses

-$3,338

Property taxes

-$2,200

Loan Payments

$0

Net Cash Flow

$8,142

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.