Tennessee

Purchase Prices: $169,900 – $179,900

Deposit: $34-$35,900

Cash ROI* : 12-14%

* stated cash ROIs assume you will qualify for a Fannie Mae or equivalent investment loan with one of our bankers.

Watch a video of this property
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Read all about Memphis TN here

This Property: your new SFR is 4 bed & 2 bath over 1708 heated sq ft with double garage. Finishes comprise mainly brick exterior cladding, granite tops in the kitchen and bathrooms, stainless appliances, carpet bedrooms, scored stained concrete floors to other areas

Management: from day one, your awesome new investment property will be cash flowing, fully leased and managed by the best (we think) PM company in Memphis TN. Read more about your Memphis PM company here

Tenants: your new investment property will be cash flowing from the get-go with carefully screened quality tenants in 1-2 year leases.

Builder/GC: our investment properties are built efficiently and to the very highest standard. To achieve this we have employed a local GC who has worked in Memphis his whole life and since starting in construction in the early 80’s he has built more than 4000 SFRs and developed more than 2500 lots over the same time. At the peak of his career, just prior to the GFC, our GC was building 240 homes per year. He continues today to set the same high standard and is pleased to offer same to you.

Food for thought:

  • Buy as many properties as you can afford: income derived over multiple doors is typically much more stable than 1 or 2 doors – safety in numbers!
  • Cash, IRA, Stocks, Home Equity: turn your lazy IRA or stocks or home equity into retirement income. With the right property and advice, you can passively turn a $100K into $500,000 over 5-10 years simply by working smart and using some of your lazy equity.
  • New or old property: we’re always asked this question, so let’s answer it this way. It’s not what you earn, it’s what you get to keep. Meaning old properties usually earn more on day one BUT often vacancies, maintenance and poor capital growth take their toll making the returns far less attractive over time.

Memphis Investment Properties For Sale

https://player.vimeo.com/video/173320447?autoplay=1&title=0&byline=0&portrait=0Estero-investments 1709 sq ft, 4bed, 2 bath Memphis TN from Estero Property Investments on Vimeo.

Purchase: $174- $179,000

Rent: $1450 – $1500 / month

Cash ROI*: 12-14% Cash ROIs Location: Cordova, Memphis, TN

* Cash ROI calculations based on a Fannie Mae Investment loan, 20% down, 80% LTV, 4.75% interest, amortized 30 years

Memphis Investment Properties For Sale

Purchase: $260 – 270,000

Rent: $1,800 – $2,000 / month

Cash ROI*: 12 – 14% Location: Bartlett, Memphis, TN

* Cash ROI calculations based on a Fannie Mae Investment loan, 20% down, 80% LTV, 4.75% interest, amortized 30 years

FOR SALE – New SFRs Memphis TN13-14% Cash ROIs *
$35,980+ (20% Dep)
$179,900 Purchase
* Cash ROI assumes purchaser qualifies for a Fannie Mae or equivalent investment loan