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851 W Coffee Dr Includes:

  • Frame Stucco Construction
  • Electric Metered Seperately
  • Gas Metered Seperately
  • Laundry Hookup
  • Covered Parking
  • Central Evaportive Cooling
  • Septic System
  • City Water
  • Proforma Figures Presented
  • Forced Air Gas Heating
  • Fire Protection Included
Monthly P&I Estimate:
Down Payment
None 05% 10% 20% 30%40%
APR5.5%$1,703$1,618$1,533$1,363$1,192$1,022
6%$1,799$1,709$1,619$1,439$1,259$1,079
6.5%$1,896$1,801$1,707$1,517$1,327$1,138
7%$1,996$1,896$1,796$1,597$1,397$1,198
7.5%$2,098$1,993$1,888$1,678$1,468$1,259
8%$2,201$2,091$1,981$1,761$1,541$1,321

Remarks: Excellent income property - 1 duplex & 1 4-plex. Located in excellent residential area, amazing views. This is 1/3 of larger property, units always rented. Both units have new roof. Additional units possible. 1 duplex 2Bdrm/1-4plex 1Bdrm. 4-plex units have laundry rms, all have refrig. Property can be purchased as a whoel 3 duplex & 1 4-plex. Approx. 1 Ac vacant land. 2.99 Ac total. See listing #'s 20814430 & 20814454.

Directions: I-10 exit 303, east on 4th St., right (S) on Prickley Pear to left (E) on Coffee Dr. Property at end of Coffee on right (S)

  
851 W Coffee Dr
Benson, Arizona 85602

Map

Cochise Benson

Property SubtypeFourplex
1 Br Units4
2 Br Units2
Year Built 1987
Square Feet 4488
Acres1
Stories 1
ZoningOther - CALL
Tax Year2006
Capitalization Rate0.074
Gross Rent Multiplier9.38
 
Gross Income: 
Avg 1 Br Rent$425/Mo
Avg 2 Br Rent$510/Mo
Gross Scheduled Rents$32,640/Yr $2,720/Mo
Vacancy Loss-$645/Yr
Adjusted Gross Income$31,995/Yr$2,666/Mo
 
Expenses: 
Admin Expenses$240/Yr
Capital Expenses$12865/Yr
Taxes$3306/Yr
Insurance$1800/Yr
Maintenance & Supplies$3924/Yr
Water and Sewer$504/Yr
Total Expenses$22,639/Yr $1,887/Mo
 
Net Income: 
Net Income$9,356/Yr $780/Mo
 
listed by:
Long Realty-Benson

list price: $300,000




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