
302 W Lee St Includes: - Slump Block Construction
- Electric Metered Seperately
- Gas Metered Seperately
- Laundry Hookup
- Covered Parking
- Central Evaportive Cooling
- Sewer Connected
- City Water
- Proforma Figures Presented
- Baseboard Heating
- Fire Protection Included
Monthly P&I Estimate:
| | Down Payment | | | None | 05% | 10% | 20% | 30% | 40% | | APR | 5.5% | $1,306 | $1,241 | $1,175 | $1,045 | $914 | $784 | | 6% | $1,379 | $1,310 | $1,241 | $1,103 | $965 | $827 | | 6.5% | $1,454 | $1,381 | $1,308 | $1,163 | $1,018 | $872 | | 7% | $1,530 | $1,454 | $1,377 | $1,224 | $1,071 | $918 | | 7.5% | $1,608 | $1,528 | $1,447 | $1,287 | $1,126 | $965 | | 8% | $1,688 | $1,603 | $1,519 | $1,350 | $1,181 | $1,013 |
Remarks: Low maintenance masonry tri-plex close to downtown and the U of A. Adjacent identical triplex at 310 W. Lee St also available. All units 2 bedrooms. Potential to increase rents. Great deal for owner occupancy using FHA financing. Directions: From Grant & Oracle, South on Oracle to Lee St then East to address. |
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302 W Lee St Tucson, Arizona 85705
Map
Central Tucson Bronx Park
| Property Subtype | Tri-Plex | | 2 Br Units | 3 | | Year Built | 1980 | | Square Feet | 2307 | | Lot Square Feet | 9148 | | Stories | 1 | | Zoning | Tucson - R2 | | Tax Year | 2007 | | Capitalization Rate | 0.050 | | Gross Rent Multiplier | 12.94 | | | | Gross Income: | | | Avg 2 Br Rent | $508/Mo | | Gross Scheduled Rents | $18,288/Yr | $1,524/Mo | | Vacancy Loss | -$508/Yr | | Adjusted Gross Income | $17,780/Yr | $1,482/Mo | | | | Expenses: | | | Capital Expenses | $3000/Yr | | Gas & Electric | $50/Yr | | Taxes | $903/Yr | | Insurance | $732/Yr | | Maintenance & Supplies | $3000/Yr | | Resident Manager | $600/Yr | | Water and Sewer | $960/Yr | | Total Expenses | $9,245/Yr | $770/Mo | | | | Net Income: | | | Net Income | $8,535/Yr | $711/Mo |
listed by: CMAK Property Management, LLClist price: $230,000
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