• Address: 4132 Cohasset Cove, Memphis, TN 38125 (map)
• Date Posted: 11/05/09
• Bedrooms: 3
• Bathrooms: 2
• Size (sq ft): 1697
• Year Built: 1986

Sometimes, I don't know why we would sell a house like this for this kind of price. You are looking at a stunning 3BR 2Bath, brick home in the ever popular 38125 zip code of Memphis. This property has everything you would look for in a "bread & butter" investment property: there is incredible curb appeal, a high rent range, a 2 car garage, central heat & air, a huge fenced backyard, an open floor plan, a master suite with a jacuzzi tub, vaulted ceilings, a kitchen island, excellent location in a quiet cove, and the list goes on. You will certainly kick yourself for missing out on this one, so act now. The rent range on this property is $1100-$1200 a month. The Tiptree Park subdivision is in a great location. There are plenty of grocery store nearby like Walmart, Sam’s Club and Kroger. There is also a large number of shopping malls such as Hickory Ridge Mall, shopping centers, and major retail stores. There are plenty of restaurants in nearby as well. The neighborhood is convenient to the interstate, schools and churches. This is a fantastic opportunity! 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! 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. *Purchase Price: $76,700 *Appraised Value: $120,000 *Annual Taxes: $2,136 *Renovation Estimate: $9,598 *Rent Range: $1100-1200 *Gross Monthly Cash Flow: $329-349 *Net Monthly Cash Flow: $141-161 *Cash on Cash Return: 24% Buy this home with renovation, closing, and financing costs included for only $7,696 out of pocket!

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