Assignment Available · Under-Market Single Family · Knoxville, TN

About this deal

Assignable purchase contract on a 3-bed, 2.0-bath single-family home located at 603 W MAIN ST, Knoxville, TN. Contract price $160,000. Assignment fee is pre-negotiated and already priced in. Comps support solid post-rehab value — an equity play with minimal work required.

The numbers

Cap rate

8.6%

Net operating income

$19,632/yr

Cash flow

+$1,636/mo

Occupancy

1 of 2 units

Figures are provided by the seller and haven’t been verified by ListDeed. Do your own due diligence.