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13378  N HIGHLAND ST, Memphis, Tennessee, USA

Property Description

A wonderful single family home offering 2 bedrooms, 1 bathroom with an area of 1,128 sq ft and is situated on 8,300 sq ft plot of land. The property is located in Berclair- Highland Heights area of Memphis,  providing easy access to major routes and is within close proximity to schools and parks. Local amenities include: Shopping centers, restaurants and supermarkets.

Launch Details Current Details

  • January 12, 2014Launched
  • $26Issue Price
  • 1500Brix® Issued
  • 0.06667%Equity Per Brix®
  • $39,000.00Property Launch Value
  • 13378Reference No
  • 169Brix® Offered For Sale
  • $30.50Brix® Price
  • $0.76Administration Fee (2.5%)
  • $31.26Total Brix® Price
  • $45,750.00Current Property Value
  • Up 17%Value Increase

Property History

Property History

1st Dec 2016 The property has now been leased. Details of the contract and rent PCM can be found on the property page.

31st Oct 2016 Tenant applications are being received for the property.

18th May 2015 New comparable property sales figures for the local area have been added, view them on the property page under the Valuation tab.

15th Dec 2014 The property has now been leased. Details of the contract and rent PCM can be found on the property page.

Property Income¹

  • LeasedCurrent Property Status
  • 01-06-2017Lease Ends:
  • $6,500.00Gross Rental Income
  • -$650.00Agent Fee (10%)
  • -$2,007.69Total Property Running Costs²
  • $4,492.32Net Potential Income
  • 14.21%Gross Rental Yield
  • 9.82%Estimated Net Rental Yield
  • $0.25Estimated Net Income Per Brix® Per Month

¹All figures are calculated as price per annum, for the whole property, unless stated otherwise.
²Total annual running costs for the property, see panel below.

Property Running Costs³

  • $0.0268Insurance Costs
  • $0.0296Taxes
  • $0.0000Amenitites Fees
  • $0.0191OwnBrix Fee
  • $90,240Property Sum Assured
  • $0.0000Accountancy Costs
  • $0.0000Bank Charges
  • $0.0000Legal Fees

³All costs are calculated as estimated price per month, per Brix®.

Property Accounts

The full property accounts for this property are only available to OwnBrix members.

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Total Purchase price of a property, includes some or all of the following additional costs and expenses incurred in completing the purchase of the property: Estate agents fees, lawyers fees, local taxes, stamp duty, valuation fees, fees for surveyor, title insurance, company formation costs, trust acc formation costs, letting and management fees, specialist advisors costs, listing cost & refurbishment costs.