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1417 N Alvernon Way Includes:

  • Slump Block Construction
  • Electric Metered Seperately
  • Gas Metered Seperately
  • Laundry Facilities
  • Central AC
  • Central Evaportive Cooling
  • Sewer Connected
  • City Water
  • Proforma Figures Presented
  • Combo Heating
  • Fire Protection Included
Monthly P&I Estimate:
Down Payment
None 05% 10% 20% 30%40%
APR5.5%$3,946$3,749$3,552$3,157$2,762$2,368
6%$4,167$3,959$3,750$3,334$2,917$2,500
6.5%$4,393$4,173$3,954$3,514$3,075$2,636
7%$4,624$4,393$4,161$3,699$3,237$2,774
7.5%$4,860$4,617$4,374$3,888$3,402$2,916
8%$5,100$4,845$4,590$4,080$3,570$3,060

Remarks: 14 units nicely landscaped well maintained central property. Some units with private yards and lots of extra parking. 1417-1443 N. Alvernon

Directions: Speedway and ALvernon. North to address.

  
1417 N Alvernon Way
Tucson, Arizona 85712

Map

Central Tucson

Speedway Park

Property SubtypeApartment
Number of Units14
1 Br Units10
2 Br Units3
Studio Units1
Year Built 1968
Square Feet 9032
Lot Square Feet 24916
Stories 2
ZoningTucson - R3
Tax Year2007
Capitalization Rate0.064
Gross Rent Multiplier9.66
 
Gross Income: 
Avg 1 Br Rent$438/Mo
Avg 2 Br Rent$498/Mo
Avg Studio Rent$375/Mo
Gross Scheduled Rents$74,988/Yr $6,249/Mo
Other Income$700/Yr
Vacancy Loss-$3753/Yr
Adjusted Gross Income$71,935/Yr$5,995/Mo
 
Expenses: 
Gas & Electric$3003/Yr
Taxes$5763/Yr
Insurance$3672/Yr
Maintenance & Supplies$6000/Yr
Management$5010/Yr
Water and Sewer$4215/Yr
Total Expenses$27,663/Yr $2,305/Mo
 
Net Income: 
Net Income$44,272/Yr $3,689/Mo
 
listed by:
Werth Realty

list price: $695,000




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