SOLD — 942 Patterson, Memphis, TN 38111

$99,500

Rent Range: $950 to $995

Property Details

  • Type: Residence - Single Family Home
  • Status: Under contract
  • Address: 942 Patterson Cv
  • City: Memphis
  • Price: $99,500
  • Year Built: 1947
  • Bedrooms: 4
  • Bathrooms: 2
  • Floors: 2
  • Garage Size: 1
  • Garage Type: Attached Garage
  • Living Area: 1954

Key Metrics

+ $995.00 Monthly Rental Income
- $79.60 Monthly Management Fee
- $124.08 Monthly Property Tax
- $65.08 Monthly Insurance Expense
= $726.23 Gross Monthly Cash Flow

Property tax expense is based on the current year. Insurance cost based on quote from our preferred insurance company. Because the above cost are real, Vacancy and Maintenance are not included in our key metrics as these cost will vary from year to year. These variable cost should be considered in your property evaluations.

Location