Total: $4,254 Gross
Utilities: ($330/month) (water) Tenants pay own electric
Taxes ($125.30/month)
Existing Property Mgr @ $100/month
Total Net Cash: $3,698.70/month
$44,384.40/Year
Purchase Price: $370,000.00 with 5k down. Inspection and Appraisal already PAID! ESCROW CLOSES AUGUST 9TH!
__________________
PUSH= "Persevere Until Something Happens" DeanGraziosi
"For I know the plans I have for you," declares the Lord, "plans to prosper you and not to harm you, plans to give you hope and a future." Jeremiah 29:11
"By humility and the fear of the LORD are riches and honor and life." Proverbs 22:4.
Melissa Palmer; Az REI
Incline Real Estate Investing, LLC www.InclineREI.com
8-Plex in the Encanto District of Central Phoenix.
Gentrifying neighborhood. Subject property is Next door to 3 brand new infill homes.
Recent Improvements:
Roof Work (2013)
Exterior Paint (2013)
Interior Paint (2012)
Interior Kitchens and Bathroom (2012)
Building is SOLID
Suite Mix
2- 2Bedroom/2Bath
6 1Bedroom/1Bath
Current Rent Roll: 100% Occupied on Year Leases (Some units can be increased)
2 Bedroom: 600
2 Bedroom: 600
1Bedroom: 509
1Bedroom: 509
1Bedroom: 509
1Bedroom: 509
1Bedroom: 509
1Bedroom: 509
Total: $4,254 Gross
Utilities: ($330/month) (water) Tenants pay own electric
Taxes ($125.30/month)
Existing Property Mgr @ $100/month
Total Net Cash: $3,698.70/month
$44,384.40/Year
Purchase Price: $370,000.00 with 5k down. Inspection and Appraisal already PAID! ESCROW CLOSES AUGUST 9TH!
PUSH= "Persevere Until Something Happens" DeanGraziosi
"For I know the plans I have for you," declares the Lord, "plans to prosper you and not to harm you, plans to give you hope and a future." Jeremiah 29:11
"By humility and the fear of the LORD are riches and honor and life." Proverbs 22:4.
Melissa Palmer; Az REI
Incline Real Estate Investing, LLC
www.InclineREI.com