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8102 E 6Th St Includes:

  • Slump Block Construction
  • Laundry Facilities
  • Package Available
  • Zone Evaportive Cooling
  • 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%$2,413$2,292$2,172$1,930$1,689$1,448
6%$2,548$2,421$2,293$2,038$1,784$1,529
6.5%$2,686$2,552$2,418$2,149$1,880$1,612
7%$2,828$2,686$2,545$2,262$1,979$1,697
7.5%$2,972$2,823$2,674$2,377$2,080$1,783
8%$3,118$2,963$2,807$2,495$2,183$1,871

Remarks: SELLER'S LOSS IS YOUR GAIN! THIS WONDERFUL ASSISTED LIVING HOME & BUSINESS SOLD FOR $495K IN 2005. NOW ONLY $425K. GRANDFATHERED LICENSED ALLOWS FOR 10 RESIDENTS. TODAYS RULES ALLOW ONLY 5 RESIDENTS SO THIS IS A GREAT OPPORTUNITY! #'S FIGURED ON PROFORMA RENTS ON ONLY 8 BEDS. EXPENSES ARE ACTUAL. 3-4 PRESENTLY OCCUPIED. CALL AGENT FOR SHOWING INSTRUCTIONS. PLEASE DO NOT APPROACH HOME WITHOUT LISTING AGENT PRESENT.

Directions: FROM PANTANO, E-BROADWAY, N-MAGUIRE, E-6TH ST TO ADDRESS

  
8102 E 6Th St
Tucson, Arizona 85710

Map

East Tucson

Carriage Hill

Property SubtypeOther
Number of Units10
Other Units10
Year Built 1969
Square Feet 2685
Lot Square Feet 7405
Stories 1
ZoningTucson - R1
Tax Year2007
Capitalization Rate0.523
Gross Rent Multiplier1.26
 
Gross Income: 
Avg Other Rent$3000/Mo
Gross Scheduled Rents$360,000/Yr $30,000/Mo
Vacancy Loss-$23040/Yr
Adjusted Gross Income$336,960/Yr$28,080/Mo
 
Expenses: 
Admin Expenses$5547/Yr
Contract Services$1572/Yr
Gas & Electric$4497/Yr
Taxes$1500/Yr
Insurance$3535/Yr
Maintenance & Supplies$1095/Yr
Management$23924/Yr
Resident Manager$55823/Yr
Water and Sewer$1200/Yr
Other Expenses$16088/Yr
Total Expenses$114,781/Yr $9,565/Mo
 
Net Income: 
Net Income$222,179/Yr $18,515/Mo
 
listed by:
Realty Executives Southern Arizona

list price: $425,000




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