Advanced Search

Close Advanced Search

Search by Country

Search by Launch Price

Reference No

Search by Property Type

Search by Brix Price

Search by State

Search by Launch type

14315  Creekstone Cir , Memphis, Tennessee, USA

Property Description

A well presented single family home offering 3 bedrooms and 2 bathroom, situated on 1,040 sq ft and residing on 6,300 sq ft plot of land. The property is located in a quiet area of Memphis and is an ideal family home providing easy access to major routes and is within close proximity to an elementary school and local park.

Launch Details Current Details

  • April 1, 2014Launched
  • $22.67Issue Price
  • 1500Brix® Issued
  • 0.06667%Equity Per Brix®
  • $34,000.00Property Launch Value
  • 14315Reference No
  • 220Brix® Offered For Sale
  • $26.13Brix® Price
  • $0.65Administration Fee (2.5%)
  • $26.78Total Brix® Price
  • $39,195.00Current Property Value
  • Up 15%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.

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.

12th Mar 2015 Tenant applications are being received for the property.

Property Income¹

  • LeasedCurrent Property Status
  • 01-06-2017Lease Ends:
  • $6,000.00Gross Rental Income
  • -$600.00Agent Fee (10%)
  • -$1,741.36Total Property Running Costs²
  • $4,258.64Net Potential Income
  • 15.31%Gross Rental Yield
  • 10.87%Estimated Net Rental Yield
  • $0.24Estimated 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

  • $0.0251Insurance Costs
  • $0.0217Taxes
  • $0.0000Amenitites Fees
  • $0.0167OwnBrix Fee
  • $83,360Property 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.

Login or Join for Free

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.