297 E Benson Hy Includes: - Concrete Block Construction
- Laundry Facilities
- Package Available
- Wall AC
- Sewer Connected
- City Water
- Proforma Figures Presented
- Wall Heating
- Fire Protection Included
Monthly P&I Estimate:
| | Down Payment | | | None | 05% | 10% | 20% | 30% | 40% | | APR | 5.5% | $4,821 | $4,580 | $4,338 | $3,856 | $3,374 | $2,892 | | 6% | $5,090 | $4,836 | $4,581 | $4,072 | $3,563 | $3,054 | | 6.5% | $5,366 | $5,098 | $4,830 | $4,293 | $3,756 | $3,220 | | 7% | $5,648 | $5,366 | $5,084 | $4,519 | $3,954 | $3,389 | | 7.5% | $5,936 | $5,640 | $5,343 | $4,749 | $4,155 | $3,562 | | 8% | $6,230 | $5,918 | $5,607 | $4,984 | $4,361 | $3,738 |
Remarks: Great Cash Flows! Newly Renovated, Large Rooms,Office, and Manager Quarters, the EL CAMINO Motel boasts magnificent views, specifically, Beautifully Historic Downtown Tucson and is ideally located along Benson Highway,adjacent to Interstate I-10. Seller Highly Motivated. Make Offer! GO! Directions: ON I-10 West, Exit 4th-6th Avenue to Benson Hwy to address. |
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297 E Benson Hy
Tucson, Arizona 85713
Map
South Tucson Southgate
| Property Subtype | Other | | Number of Units | 19 | | 1 Br Units | 19 | | Year Built | 1945 | | Square Feet | 7421 | | Lot Square Feet | 30928 | | Stories | 1 | | Zoning | Tucson - C2 | | Tax Year | 2007 | | Capitalization Rate | 0.115 | | Gross Rent Multiplier | 5.52 | | | | Gross Income: | | | Avg 1 Br Rent | $750/Mo | | Gross Scheduled Rents | $171,000/Yr | $14,250/Mo | | Vacancy Loss | -$17100/Yr | | Adjusted Gross Income | $153,900/Yr | $12,825/Mo | | | | Expenses: | | | Admin Expenses | $1500/Yr | | Gas & Electric | $23400/Yr | | Taxes | $7815/Yr | | Insurance | $3000/Yr | | Maintenance & Supplies | $2200/Yr | | Resident Manager | $15000/Yr | | Water and Sewer | $3000/Yr | | Total Expenses | $55,915/Yr | $4,660/Mo | | | | Net Income: | | | Net Income | $97,985/Yr | $8,165/Mo |
listed by:
AMA Ammonlist price: $849,000
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