Home PageProperty SearchFavorite Sites

3736 E Fairmount St Includes:

  • Brick Construction
  • Electric Metered Seperately
  • Gas Metered Seperately
  • Laundry Facilities
  • Covered Parking
  • Central AC
  • Sewer Connected
  • 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%$5,445$5,173$4,901$4,356$3,812$3,267
6%$5,750$5,462$5,175$4,600$4,025$3,450
6.5%$6,062$5,758$5,455$4,849$4,243$3,637
7%$6,380$6,061$5,742$5,104$4,466$3,828
7.5%$6,705$6,370$6,035$5,364$4,694$4,023
8%$7,037$6,685$6,333$5,629$4,926$4,222

Remarks: Red brick units, that never show their age. Huge 2 Bedroom, 1&1/2 baths. Enclosed rear patios that include a large storage room. Ceramic tile and carpet flooring. All units have central AC, 1 covered parking and 1 uncovered. Large Laundry room with Owner owned coin operated washers and dryers. Low care landscaping. Great units in a great location. Please drive by. Units interior shown with an acceptable contract.

Directions: Speedway/Alvernon, W. on Speedway, North on Alvernon, S. on Fairmount to address. (Complexes name is Villa Igea)

  
3736 E Fairmount St
Tucson, Arizona 85716

Map

Central Tucson

Speedway Park

Property SubtypeApartment
Number of Units12
2 Br Units12
Year Built 1963
Square Feet 11648
Lot Square Feet 36155
Stories 1
ZoningTucson - R2
Tax Year2007
Capitalization Rate0.063
Gross Rent Multiplier10.95
 
Gross Income: 
Avg 2 Br Rent$600/Mo
Gross Scheduled Rents$86,400/Yr $7,200/Mo
Other Income$2830/Yr
Vacancy Loss-$1662/Yr
Adjusted Gross Income$87,568/Yr$7,297/Mo
 
Expenses: 
Admin Expenses$5155/Yr
Contract Services$2000/Yr
Gas & Electric$800/Yr
Taxes$7011/Yr
Insurance$2500/Yr
Maintenance & Supplies$5000/Yr
Water and Sewer$3000/Yr
Other Expenses$1500/Yr
Total Expenses$26,966/Yr $2,247/Mo
 
Net Income: 
Net Income$60,602/Yr $5,050/Mo
 
listed by:
Realpros

list price: $959,000




Information Deemed Reliable But Not Guaranteed

Home PageProperty SearchFavorite Sites
Brought to you by: RE/MAX Majestic
(520)907-5639