3058 Pershing Ave, Memphis, TN 38112 is a fantastic 2 bedroom 1 bath bungalow located in one of the hottest rental areas of Memphis. Houses are also appreciating in value in this area. Renovated to Like New Condition. Quiet street and neighborhood. Currently rented with a 2 year lease at $550 per month. Close to churches, schools, freeway, downtown, Memphis State University.
Cash Flow Analysis:
Rental Income: $550 Per Month / $6600 Per Year
Property Management @ 8%: $528
Real Estate Taxes: $156
Positive Cash Flow: $5637