Memphis, TN 38106 799 CHEROKEE AVE

Property is boarded up, agent will need to bring a drill to remove boards. Property needs TLC and is being sold AS IS. Seller will not connect utilities. This property has a projected monthly rent of $1,075 ($12,900 annually), an estimated cash-on-cash return of 31.05%, and an expected monthly cash flow of $523.94. "all investment figures are estimates and verified independently by buyer" Great investment opportunity with strong rental or resale potential. This well-maintained 3-bedroom, 1-bath home offers ~1,131 SF with hard-surface flooring, a bright living area, and an updated kitchen with shaker-style cabinetry. Features include central heat and air, a functional layout, patio space, and a large fenced backyard. Clean, updated finishes and solid curb appeal make this a turnkey addition to any portfolio. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE