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1402 W Fresno St Includes:

  • Slump Block Construction
  • Electric Metered Seperately
  • Gas Metered Seperately
  • Laundry Hookup
  • Central Evaportive Cooling
  • Sewer Connected
  • City Water
  • Actual Figures Presented
  • Wall Heating
  • Fire Protection Included
Monthly P&I Estimate:
Down Payment
None 05% 10% 20% 30%40%
APR5.5%$1,385$1,316$1,247$1,108$970$831
6%$1,463$1,390$1,317$1,170$1,024$878
6.5%$1,542$1,465$1,388$1,234$1,080$925
7%$1,623$1,542$1,461$1,299$1,136$974
7.5%$1,706$1,621$1,535$1,365$1,194$1,024
8%$1,790$1,701$1,611$1,432$1,253$1,074

Remarks: Discover this Fantastic Investment Opportunity! Two Duplexes, Two Tax Codes; Easy to finance. Each duplex can be financed seperately. Rents are low and can be raised to $525 - $550. Very low vacancy. Solid masonary construction and very little maintenance. Ideal for hands on investor or owner occupant. Existing loan is assumable with no qualifying and owner will carry with $50000 down.

Directions: From St Marys, South on Silverbell, East on Fresno to address. Drive by. Please Do Not Disturb Tenants.

  
1402 W Fresno St
Tucson, Arizona 85745

Map

West Tucson

Property SubtypeFourplex
2 Br Units4
Year Built 1987
Square Feet 2288
Lot Square Feet 14810
Stories 1
ZoningTucson - R2
Tax Year2007
Capitalization Rate0.086
Gross Rent Multiplier10.28
 
Gross Income: 
Avg 2 Br Rent$510/Mo
Gross Scheduled Rents$24,480/Yr $2,040/Mo
Vacancy Loss-$750/Yr
Adjusted Gross Income$23,730/Yr$1,978/Mo
 
Expenses: 
Capital Expenses$1600/Yr
Insurance$800/Yr
Maintenance & Supplies$600/Yr
Water and Sewer$1400/Yr
Total Expenses$4,400/Yr $367/Mo
 
Net Income: 
Net Income$19,330/Yr $1,611/Mo
 
listed by:
Realty Power

list price: $244,000




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