421 E President St Includes: - Masonry Stucco Construction
- Electric Metered Seperately
- Gas Metered Seperately
- Central Evaportive Cooling
- Sewer Connected
- City Water
- Actual Figures Presented
- Combo Heating
- Fire Protection Included
Monthly P&I Estimate:
| | Down Payment | | | None | 05% | 10% | 20% | 30% | 40% | | APR | 5.5% | $1,278 | $1,214 | $1,150 | $1,022 | $894 | $767 | | 6% | $1,349 | $1,282 | $1,214 | $1,079 | $944 | $809 | | 6.5% | $1,422 | $1,351 | $1,280 | $1,138 | $996 | $853 | | 7% | $1,497 | $1,422 | $1,347 | $1,198 | $1,048 | $898 | | 7.5% | $1,573 | $1,495 | $1,416 | $1,259 | $1,101 | $944 | | 8% | $1,651 | $1,568 | $1,486 | $1,321 | $1,156 | $991 |
Remarks: 5 simple but clean and safe units. Evap coolers, electric heating, covered front patios. Long term tenants, units are easy to rent. Please don't disturb tenants, view property from car. Directions: From Ajo Way & 6th Ave, South to President, East to address |
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421 E President St
Tucson, Arizona 85714
Map
South Tucson Government Heights Subdivision
| Property Subtype | Apartment | | Number of Units | 5 | | 2 Br Units | 2 | | Studio Units | 3 | | Year Built | 1939 | | Square Feet | 1830 | | Lot Square Feet | 11880 | | Stories | 1 | | Zoning | Tucson - R2 | | Tax Year | 2008 | | Capitalization Rate | 0.056 | | Gross Rent Multiplier | 11.34 | | | | Gross Income: | | | Avg 2 Br Rent | $420/Mo | | Avg Studio Rent | $299/Mo | | Gross Scheduled Rents | $20,844/Yr | $1,737/Mo | | Vacancy Loss | -$1000/Yr | | Adjusted Gross Income | $19,844/Yr | $1,654/Mo | | | | Expenses: | | | Insurance | $940/Yr | | Maintenance & Supplies | $2700/Yr | | Management | $1320/Yr | | Water and Sewer | $2200/Yr | | Total Expenses | $7,160/Yr | $597/Mo | | | | Net Income: | | | Net Income | $12,684/Yr | $1,057/Mo |
listed by:
3-D Brokerage, LTDlist price: $225,000
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