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4434 E Bellevue St Includes:

  • Slump Block Construction
  • Electric Metered Seperately
  • Gas Metered Seperately
  • Laundry Facilities
  • Central AC
  • Pool
  • Sewer Connected
  • City Water
  • Proforma Figures Presented
  • Forced Air Gas Heating
  • Fire Protection Included
Monthly P&I Estimate:
Down Payment
None 05% 10% 20% 30%40%
APR5.5%$7,921$7,525$7,129$6,337$5,544$4,752
6%$8,364$7,946$7,527$6,691$5,855$5,018
6.5%$8,817$8,376$7,936$7,054$6,172$5,290
7%$9,281$8,817$8,353$7,425$6,497$5,569
7.5%$9,754$9,266$8,779$7,803$6,828$5,852
8%$10,236$9,724$9,212$8,189$7,165$6,142

Remarks: Garden Style 19 unit property built in 1970 and 1979. Units have newer air conditioning and upgrades. Community amenities include swimming pool and on site laundry. All machines are owned. Much has been spent renovating the property and individual units. Room to raise rent on some units.

Directions: Speedway/Swan north to Bellevue, west to address

  
4434 E Bellevue St
Tucson, Arizona 85712

Map

Central Tucson

Speedway

Property SubtypeApartment
Number of Units19
1 Br Units4
2 Br Units14
Studio Units1
Year Built 1970
Square Feet 14484
Lot Square Feet 29336
Stories 2
ZoningTucson - R3
Tax Year2007
Capitalization Rate0.075
Gross Rent Multiplier10.52
 
Gross Income: 
Avg 1 Br Rent$525/Mo
Avg 2 Br Rent$625/Mo
Avg Studio Rent$400/Mo
Gross Scheduled Rents$135,000/Yr $11,250/Mo
Other Income$4800/Yr
Vacancy Loss-$7200/Yr
Adjusted Gross Income$132,600/Yr$11,050/Mo
 
Expenses: 
Capital Expenses$3000/Yr
Gas & Electric$2000/Yr
Taxes$6907/Yr
Insurance$4845/Yr
Maintenance & Supplies$5200/Yr
Resident Manager$6000/Yr
Water and Sewer$3225/Yr
Total Expenses$31,177/Yr $2,598/Mo
 
Net Income: 
Net Income$101,423/Yr $8,452/Mo
 
listed by:
HomeWay Realty

list price: $1,395,000




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