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This single family home is an outstanding investment featuring a 5 year internal rate of return of 21.7%.

Built in 1987 and completely renovated in 2009, this desirable home is located in Memphis. It features 1,483 sqft of living space with 3 bedrooms and 2 baths. The home comes complete with central heat and air.

The home will be tenanted prior to close under a one year lease with the tenant paying $1,025/month and will be managed by an experienced, professional property management team. The tenant pays all utilities.

The property will be completely renovations inside and out including upgrades to:

• Landscaping
• Exterior siding, paint and trim
• Windows
• Roofing
• New light fixtures
• New door hardware, door stops and switch plates, as needed
Property Highlights:

* Projected 21.7% 5 year internal rate of return!
* 11.2% cash on cash return!
* 1 year rent warranty!
* 1 year home owners warranty!

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