Property Offered at: $124,900 - Four Beds, Two Baths, and Tons of Charm - With Complete Turnkey Renovation!

2806 Dromedary, Bartlett, TN 38134

Purchase Price: $124,900
Property Status: Needs work, included in price

TAX APPRAISAL: $88,100

Closing Costs: $1k (estimated)

Total Monthly Debt Service: (Assumes Cash Purchase)

Rent Range: $1000 – $1150(Assumes $1095)

City/County Taxes*: $136/month (based on 2015 values)
Insurance: $40
Less Management (10%): $109.50/month

Positive Monthly Cash Flow: $809.31

Plus instant equity!

In the Memphis suburb of Bartlett, life is good – great schools, and quiet living.  This home features 4 bedrooms and 2 baths, and offers a sun room with aback addition showcasing a second story bedroom and work area!

This property qualifies for Robert Feol’s Short Term Retirement Program – a simple, non qualifying permanent lending program where you bring 30% – 50% of the purchase price as a down payment, and we will finance the rest over a 5 year period. All Short Term Retirement loans feature a fixed rate and full amortization, meaning after 5 years you own your investment home free and clear, without any lien on it.

Financing (short and long term), property management, insurance, home inspectors, and contractors are available upon request

Investor Fundamentals:

*Property taxes are based on $88,100 assessed value, which can be contested to increase cash flow. Square footage is based on Shelby County Tax Assessor’s information.

Property Details:

Due Diligence:

Finacial Details: