
220 E Fort Lowell Rd Includes: - Masonry Stucco Construction
- Electric Metered Seperately
- Gas Metered Seperately
- Covered Parking
- 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% | | APR | 5.5% | $4,423 | $4,202 | $3,981 | $3,538 | $3,096 | $2,654 | | 6% | $4,670 | $4,437 | $4,203 | $3,736 | $3,269 | $2,802 | | 6.5% | $4,924 | $4,678 | $4,431 | $3,939 | $3,447 | $2,954 | | 7% | $5,183 | $4,924 | $4,664 | $4,146 | $3,628 | $3,110 | | 7.5% | $5,447 | $5,175 | $4,902 | $4,358 | $3,813 | $3,268 | | 8% | $5,716 | $5,430 | $5,144 | $4,573 | $4,001 | $3,430 |
Remarks: This 12 unit complex with nine one bedroom units, one studio and two three bedroom units has always been easy to rent. Most units updated with tile, carpet, ceiling fans, blinds and paint. All have private yards and carports and are separately metered for gas and electric. Fully occupied with room to raise rents. Directions: Halfway between 1st & Stone on South side of Fort Lowell. Drive By Only! |
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220 E Fort Lowell Rd Tucson, Arizona 85705
Map
Central Tucson Coronado Heights
| Property Subtype | Apartment | | Number of Units | 12 | | 1 Br Units | 9 | | 3 Br Units | 2 | | Studio Units | 1 | | Year Built | 1948 | | Square Feet | 7232 | | Lot Square Feet | 28488 | | Stories | 1 | | Zoning | Tucson - C2 | | Tax Year | 2006 | | Capitalization Rate | 0.060 | | Gross Rent Multiplier | 12.68 | | | | Gross Income: | | | Avg 1 Br Rent | $428/Mo | | Avg 3 Br Rent | $575/Mo | | Avg Studio Rent | $330/Mo | | Gross Scheduled Rents | $63,984/Yr | $5,332/Mo | | Vacancy Loss | -$2550/Yr | | Adjusted Gross Income | $61,434/Yr | $5,120/Mo | | | | Expenses: | | | Taxes | $3595/Yr | | Insurance | $3300/Yr | | Maintenance & Supplies | $1200/Yr | | Management | $5093/Yr | | Water and Sewer | $1800/Yr | | Total Expenses | $14,988/Yr | $1,249/Mo | | | | Net Income: | | | Net Income | $46,446/Yr | $3,871/Mo |
listed by: Long Realty Companylist price: $779,000
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