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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%
APR5.5%$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 SubtypeApartment
Number of Units5
1 Br Units5
Other Units2
Year Built 1952
Square Feet 2100
Lot Square Feet 16509
Stories 1
ZoningTucson - R3
Tax Year2006
Capitalization Rate0.102
Gross Rent Multiplier6.58
 
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 Arizona

list price: $374,900




Information Deemed Reliable But Not Guaranteed

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