MEMPHIS TN – SFRs

PURCHASE DETAILS

  • Deposit (20%): $36,980
  • Purchase: $184,900
  • IRR: 18.92%
  • Cash ROI: 12.12%
  • Property Type: SFR
  • Rent: $1450-1495/mo
  • Tenant: Yes
  • Managed: Yes

PROPERTY DESCRIPTION
SFR 1709 sq ft (approx), 4 bed, 2.0 bathroom with double garage, granite bench tops, stainless appliances, microwave, range, brick exterior, carpet in bedrooms and stained concrete floors in living areas, bathrooms (differs from slideshow and video) strip vinyl to living areas.

ADDRESS
9271 Acadia Pl, Cordova, 38018 Memphis TN .

PROFORMA
View the estimated ROI calculations for this property here

CITY & NEIGHBORHOOD
Find out about the demographics, economic data, growth stats for Charlotte City & this neighborhood read more

Video & Drone Footage
View this drone footage of our Memphis neighborhood under construction Go HERE
View one of our completed Memphis homes* Go HERE

* floor finishes vary in actual homes

OUR TURNKEY SERVICE
We help our US Buyers with their Fannie Mae loans and offer loan help for Intl Buyers.
We guarantee to place the first tenant in the property in a 1-2 yr lease within 30 – 90 days of close.
We engage only the most professional property managers at discounted rates to manage your property and tenant.

PROPERTY MANAGEMENT: Find out more about our Property Managers: read more here

BANK LOANS/LEVERAGE: Follow this link to see how your investment returns can more than double simply by using the bank’s money read more here

STATED ROIs – Important

Whilst the stated ROIs are believed to be true and correct, Investors should nevertheless do their own research to verify net income to satisfy themselves as to the accuracy of the stated ROIs.
The true return on investment capital is the Internal Rate of Return (IRR) NOT the Cash ROI as many investors believe. Follow this link to see how IRRs are calculated and differ significantly from Cash ROIs . Read more here and also take note of the exclusions from the ROI calculations.

TBD
22
Property Features
  • House
  • 2 bed
  • 2 bath
  • Land is 1380 square

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