
3431 E Cody St Includes: - Brick Construction
- Electric Metered Seperately
- Gas Metered Seperately
- Laundry Facilities
- Covered Parking
- Central AC
- Sewer Connected
- City Water
- Proforma Figures Presented
- Wall Heating
- Fence
- Fire Protection Included
Monthly P&I Estimate:
| | Down Payment | | | None | 05% | 10% | 20% | 30% | 40% | | APR | 5.5% | $2,129 | $2,022 | $1,916 | $1,703 | $1,490 | $1,277 | | 6% | $2,248 | $2,135 | $2,023 | $1,798 | $1,573 | $1,349 | | 6.5% | $2,370 | $2,251 | $2,133 | $1,896 | $1,659 | $1,422 | | 7% | $2,494 | $2,370 | $2,245 | $1,995 | $1,746 | $1,497 | | 7.5% | $2,621 | $2,490 | $2,359 | $2,097 | $1,835 | $1,573 | | 8% | $2,751 | $2,613 | $2,476 | $2,201 | $1,926 | $1,651 |
Remarks: PC45531 CASH COW!! 5 individually metered 1br solid brick cottages with private yards-FULLY REMODELED. Owner's short-term, furnished leasing system has out-performed standard rentals 3 years in a row! Rare 16,500 square foot R-3 lot is under utilized. Strong re-development potential with approved plans. Ideal for 1031 exchange. DO NOT WALK PROPERTY WITHOUT APPOINTMENT! Tenant privacy is guaranteed in leases. Directions: From Country Club go East on Speedway, north on Jones, east on Cody to 3431. |
|
|
|
3431 E Cody St Tucson, Arizona 85716
Map
Central Tucson Morning View Tracts
| Property Subtype | Apartment | | Number of Units | 5 | | 1 Br Units | 5 | | Other Units | 2 | | Year Built | 1952 | | Square Feet | 2100 | | Lot Square Feet | 16509 | | Stories | 1 | | Zoning | Tucson - R3 | | Tax Year | 2006 | | Capitalization Rate | 0.102 | | Gross Rent Multiplier | 6.58 | | | | Gross Income: | | | Avg 1 Br Rent | $995/Mo | | Avg Other Rent | $80/Mo | | Gross Scheduled Rents | $61,620/Yr | $5,135/Mo | | Vacancy Loss | -$4622/Yr | | Adjusted Gross Income | $56,998/Yr | $4,750/Mo | | | | Expenses: | | | Admin Expenses | $300/Yr | | Contract Services | $150/Yr | | Gas & Electric | $6840/Yr | | Taxes | $1934/Yr | | Insurance | $1389/Yr | | Maintenance & Supplies | $1850/Yr | | Water and Sewer | $1080/Yr | | Other Expenses | $5400/Yr | | Total Expenses | $18,943/Yr | $1,579/Mo | | | | Net Income: | | | Net Income | $38,055/Yr | $3,171/Mo |
listed by: Realty Executives Southern Arizonalist price: $374,900
|
|