$119,000 (¥17,850,000)

• High Yield Property!

• Annual Cash on Cash Return 15.98% - Potential 38.32%

• Current Gross Annual Rent is $19,200 with Potential of $19,200

• Japan Tax Refund Projected Cash on Cash Return of 49.82%

• Comparable Rent: 2634 Bay Pointe Cir $1545/month - 5531 Ginners DR $1400/month and 2592 Bay Point Cir E $1375/month

• Combined US & Japan Cash on Cash Return 70.59%

• Eligible for tax refunds in Japan as property depreciates

• Property is currently vacant

• This Unit will Rent for $1600 per Month

• 1,296 sq ft Town House with with a 3,484 sq ft Lot
• Home and property are in very good condition - in GREAT SHAPE
• Built in 1980 located in the Bartlett area of Memphis
• Over 15% Cash on Cash Return ($4,943 yeaely income)
• Over 10% Cash on Cash Return ($13,326 yearly income) if buy cash