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14601  Eyers Rd, Memphis, Tennessee, USA

Property Description

A delightful home offers 4 bedrooms and 2 bathrooms, occupying 1,176 sq ft in size and resides on a 7,840 sq ft plot of land. The property is located in the White Haven-Coro Lake area of Memphis. This is an ideal family home, 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

  • April 24, 2014Launched
  • $32.5Issue Price
  • 1000Brix® Issued
  • 0.1%Equity Per Brix®
  • $32,500.00Property Launch Value
  • 14601Reference No
  • Bid For Brix®Brix® Offered For Sale
  • $37.40Brix® Price
  • $0.94Administration Fee (2.5%)
  • $38.34Total Brix® Price
  • $37,400.00Current Property Value
  • Up 15%Value Increase

Property History

Property History

1st Dec 2016 A new tenant has been found for the property. Background and credit checks are currently being conducted before the lease agreement is signed.

30th Sep 2016 The lease on the property has expired. New applicants are now actively being searched for.

8th Jul 2015 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.

31st Mar 2015 The refurbishment of the property is now in progress. This will bring all aspects of the property up to rental standards.

July 2014 Tenant being evicted for non-payment of rent.

Property Income¹

  • LeasedCurrent Property Status
  • 28-06-2017Lease Ends:
  • $6,300.00Gross Rental Income
  • -$630.00Agent Fee (10%)
  • -$2,091.97Total Property Running Costs²
  • $4,208.03Net Potential Income
  • 16.84%Gross Rental Yield
  • 11.25%Estimated Net Rental Yield
  • $0.35Estimated 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

  • $0.0416Insurance Costs
  • $0.0552Taxes
  • $0.0000Amenitites Fees
  • $0.0250OwnBrix Fee
  • $94,080Property 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.