
507 N Cherokee Ave Includes: - Frame Stucco Construction
- Gas Metered Seperately
- Laundry Hookup
- Package Available
- Central AC
- Sewer Connected
- City Water
- Actual Figures Presented
- Heat Pump Heating
- Fire Protection Included
Monthly P&I Estimate:
| | Down Payment | | | None | 05% | 10% | 20% | 30% | 40% | | APR | 5.5% | $1,192 | $1,133 | $1,073 | $954 | $835 | $715 | | 6% | $1,259 | $1,196 | $1,133 | $1,007 | $881 | $755 | | 6.5% | $1,327 | $1,261 | $1,195 | $1,062 | $929 | $796 | | 7% | $1,397 | $1,327 | $1,257 | $1,118 | $978 | $838 | | 7.5% | $1,468 | $1,395 | $1,322 | $1,175 | $1,028 | $881 | | 8% | $1,541 | $1,464 | $1,387 | $1,233 | $1,079 | $925 |
Remarks: New to the Market! This is one of six in a portfolio, will sell all or separate. These are the lowest price, highest cap rate duplexes in the city! Go ahead, check for yourself. Send bottom line offers only, we don't want to haggle. Think of these deals like Car Max, the sticker price is the no hassle no haggle bottom line! Easy closing, no fuss, these are new units, not remodeled,mean NEW. Built between 2003 and 2008, very low vacancy rate. Directions: Fom St Marys and Grande go West to Cherokee North to address. |
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507 N Cherokee Ave Tucson, Arizona 85745
Map
West Tucson El Rio Park
| Property Subtype | Duplex | | 3 Br Units | 2 | | Year Built | 2004 | | Square Feet | 2000 | | Lot Square Feet | 7322 | | Stories | 1 | | Zoning | Tucson - R2 | | Tax Year | 2007 | | Capitalization Rate | 0.091 | | Gross Rent Multiplier | 10.00 | | | | Gross Income: | | | Avg 3 Br Rent | $875/Mo | | Gross Scheduled Rents | $21,000/Yr | $1,750/Mo | | Vacancy Loss | -$5/Yr | | Adjusted Gross Income | $20,995/Yr | $1,750/Mo | | | | Expenses: | | | Taxes | $343/Yr | | Insurance | $500/Yr | | Maintenance & Supplies | $1000/Yr | | Total Expenses | $1,843/Yr | $154/Mo | | | | Net Income: | | | Net Income | $19,152/Yr | $1,596/Mo |
listed by: Long Realty Companylist price: $210,000
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