$74900 / 3br - 2BA Exceptional Cordova Investment Home: $5,500 Out of Pocket!! (Memphis, TN 38018) in Arkansas For Sale

You can start believing your eyes. You are, indeed, looking at a 3BR 2Bath, brick home, that is located in the unincorporated region of Cordova and was built in . And, if you really want to send your brain for a loop, check out that price. It is not everyday, nay every decade that you can purchase a home of this quality and curb appeal for such a discount off of the homes value. This property includes central heat and air, a living room with a fireplace, a separate dining room, an eat in kitchen with a range and a dishwasher, a master bedroom on the lower level, no city taxes, incredible curb appeal, excellent location in relation to local shops and schools, and the list goes on and on. Don't let this be the one that got away. The rent range on this property is $850-$950 a month.
This home could not be in a better area. Just a few minutes away you’ll find Germantown Parkway, the ultimate street for retail & restaurants. Up and down Germantown Parkway you will find: Schnucks, Kroger, Sam’s Club, Super Walmart, Target, Steinmart, Ross, Kohl’s, Macy’s, Home Depot, Babies ‘R’ Us, and the impressive Wolfchase Galleria. There are mort restaurants and fast food places to name. In addition to retail and food, there are plenty of county schools and churches, as well as the Baptist Hospital and the Baptist Hospital for Women. The massive Shelby Farms Park is just a short drive (or bike ride) away, as well as easy interstate access. This is the definition of location, location, location.
Buy this home with renovation, closing, and financing costs included for only $5,500 out of pocket!
Disclosure: Appraised values reflect the date of this posting. Due to continually changing market conditions, appraised values may change slightly based on the time of refinance, changing market conditions, and/or the individual appraiser performing the analysis.
Financing Available! We can lend purchase + repairs, and we have long term financing partner to pay off short term. Possible to buy this home with little to no money down!
*Purchase Price: $ 74,900
*Appraised Value: $ 120,000
*Annual Taxes: $ 1,008
*Renovation Estimate: $ 2,262
*Rent Range: $ 850-950
*Gross Monthly Cash Flow: $ 218-238
*Net Monthly Cash Flow: $71-91
*Cash on Cash Return: 18%
Location: Memphis, TN 8