
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% | | APR | 5.5% | $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) |
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3736 E Fairmount St Tucson, Arizona 85716
Map
Central Tucson Speedway Park
| Property Subtype | Apartment | | Number of Units | 12 | | 2 Br Units | 12 | | Year Built | 1963 | | Square Feet | 11648 | | Lot Square Feet | 36155 | | Stories | 1 | | Zoning | Tucson - R2 | | Tax Year | 2007 | | Capitalization Rate | 0.063 | | Gross Rent Multiplier | 10.95 | | | | 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: Realproslist price: $959,000
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