2508 Redvers Avenue
Memphis, TN 38127

Sold

$79,000

3 Beds

2 Baths

1,206 SqFt

Single Family

$950/mo

INFINITE RETURNS!!!

This is an EXCEPTIONAL DELAYED REFINANCE property that screams double-digit returns!
You buy CASH.
We rehab.
You refinance at ARV.
INSANE ROI!

Located in a wonderful neighborhood in Memphis, this 3 bedroom, 1 bath single family residence has amazing potential. With 1,206 square feet, this property is located in an owner-occupant neighborhood in an area of Tennessee that is undergoing tremendous growth. With city plans to revitalize, build a new park and indulge in a new recreation center.

Buy property at $91,000 (ALL-IN, property and rehab) then refinance it at $105,000! A complete win!

*Property is pre-rehabbed and must be purchased in CASH! Rehab will begin immediately upon purchase and is scheduled to take 2-3 weeks. Refinance will be done immediately after taking ownership.
*We will introduce you to rehab team and property management team.

Cash Price: $91,000 ALL IN | Loan on 75% of ARV ($105,000) = $78,750 |
TOTAL ALL IN: $12,250 Annual Income: $11,400 | ROI: INFINITE

Property Analysis