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1402 S Highland Ave Includes:

  • Brick Construction
  • Electric Metered Seperately
  • Gas Metered Seperately
  • Water Metered Seperately
  • Laundry Facilities
  • Package Available
  • Central AC
  • Sewer Connected
  • City Water
  • Proforma Figures Presented
  • Forced Air Gas Heating
  • Fence
  • Fire Protection Included
Monthly P&I Estimate:
Down Payment
None 05% 10% 20% 30%40%
APR5.5%$1,278$1,214$1,150$1,022$894$767
6%$1,349$1,282$1,214$1,079$944$809
6.5%$1,422$1,351$1,280$1,138$996$853
7%$1,497$1,422$1,347$1,198$1,048$898
7.5%$1,573$1,495$1,416$1,259$1,101$944
8%$1,651$1,568$1,486$1,321$1,156$991

Remarks: Duplex bulit in 2005, must see! One unit is 3 Bedrooms with about 950 sqft and the other unit is 2 bedrooms with about 750 sqft. Great investment oppourtunity! Only 2 miles from the U of A! Brick consturction, ceramic tile throughout except for bedrooms, rounded corners, textured walls, AC and wrought iron throughout.

Directions: 22nd/Kino Parkway-W, Highland-S, to address

  
1402 S Highland Ave
Tucson, Arizona 85713

Map

Central Tucson

Kings Highway

Property SubtypeDuplex
2 Br Units1
3 Br Units1
Year Built 2005
Square Feet 1872
Lot Square Feet 6011
Stories 1
ZoningTucson - R2
Tax Year2006
Capitalization Rate0.058
Gross Rent Multiplier13.64
 
Gross Income: 
Avg 2 Br Rent$700/Mo
Avg 3 Br Rent$800/Mo
Gross Scheduled Rents$18,000/Yr $1,500/Mo
Vacancy Loss-$1500/Yr
Adjusted Gross Income$16,500/Yr$1,375/Mo
 
Expenses: 
Taxes$1569/Yr
Insurance$1000/Yr
Water and Sewer$960/Yr
Total Expenses$3,529/Yr $294/Mo
 
Net Income: 
Net Income$12,971/Yr $1,081/Mo
 
listed by:
Long Realty Company

list price: $225,000




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