Great "Passive" Investment property with 11+% Cash on Cash ROI

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<!-- table for the Header --> 5072 Canton, Memphis, TN ... Address: 5072 Canton,Memphis,TN 38116 Analyze this property Buy Now Price: $44,900 3 Bed/2.0 Bath Contact Us Chris Clothier Memphis Invest ,38139 (901) 751-7191 e-mail: chris@memphisinvest.com <!-- AddThis Button END --> Share this <!-- AddThis Button END -->

This is a fantastic opportunity to get a 3 bedroom/ 2 bathroom property in the Whitehaven area of Memphis. This house has great hardwood floors, large bedrooms, 1-car carport, and is located in a wonderful neighborhood. Repairs to this property include: re-finishing hardwood floors, paint, servicing HVAC, plumbing repairs, yardwork, and house cleaning. Due to perpetually changing market conditions, estimated values can vary due to external factors such as lender requirements, appraiser used, and length of time to refinance after purchase. Estimated values indicated are from time of posting.

Property Information for 5072 Canton Property Details Property Features Bedrooms: 3 Bathrooms: 2.0 Gas: Yes Square Feet: 1403 Property Rent: 850.0000 Property Taxes: 1571.2200 Property Insurance: 300.0000 Parking: Carport 1 Car Foundation: Crawl Electricity: Breakers Central Heat: Furnace A/C: Central Unit - Estimated Rent: $795-$895 - Estimated Cash Flow: $175-$275 - Annual Taxes: $1,571.22 - Zillow: $86,500 - Previous Sale: $61,500 - Tax Assessed: $87,100 - Cash on Cash Return: 11.19% - Rehab: $11,000 - Current Appraisal: $85,000 Map data ©2009 Tele Atlas - Terms of Use Map Satellite Hybrid

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