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1513 E Hedrick Dr Includes:

  • Frame Stucco Construction
  • Electric Metered Seperately
  • Gas Metered Seperately
  • Laundry Hookup
  • Package Available
  • Covered Parking
  • Central Evaportive Cooling
  • Sewer Connected
  • City Water
  • Proforma Figures Presented
  • Forced Air Electric Heating
  • Fire Protection Included
Monthly P&I Estimate:
Down Payment
None 05% 10% 20% 30%40%
APR5.5%$3,520$3,344$3,168$2,816$2,464$2,112
6%$3,717$3,531$3,345$2,974$2,602$2,230
6.5%$3,919$3,723$3,527$3,135$2,743$2,351
7%$4,125$3,919$3,712$3,300$2,887$2,475
7.5%$4,335$4,118$3,902$3,468$3,035$2,601
8%$4,549$4,322$4,094$3,639$3,185$2,730

Remarks: Do not disturb tenants. Below MKT rents with increase possible in June 2008. Close to U of A. Call LA for executive summary and proforma info. Right off Mountain Ave bike path. Private fenced yards. Private covered parking. Fireplaces, W/D hookups. Open floor plan w 10' ceilings in living rm. Owner member of AZ multifamily association.

Directions: Ft Lowell & Cambell S to Hedrick W to address.

  
1513 E Hedrick Dr
Tucson, Arizona 85719

Map

Central Tucson

Hedrick Acreage Tract

Property SubtypeApartment
Number of Units6
2 Br Units6
Year Built 1984
Square Feet 4350
Lot Square Feet 17990
Stories 1
ZoningTucson - R2
Tax Year2007
Capitalization Rate0.073
Gross Rent Multiplier11.48
 
Gross Income: 
Avg 2 Br Rent$750/Mo
Gross Scheduled Rents$54,000/Yr $4,500/Mo
 
Expenses: 
Capital Expenses$2000/Yr
Taxes$3409/Yr
Insurance$1400/Yr
Maintenance & Supplies$1500/Yr
Water and Sewer$2200/Yr
Total Expenses$10,509/Yr $876/Mo
 
Net Income: 
Net Income$43,491/Yr $3,624/Mo
 
listed by:
Long Realty Company

list price: $620,000




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