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1019 E Drachman St Includes:

  • Combo Construction
  • Electric Metered Seperately
  • Laundry Facilities
  • Central AC
  • 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%$2,611$2,481$2,350$2,089$1,828$1,567
6%$2,757$2,619$2,482$2,206$1,930$1,654
6.5%$2,907$2,762$2,616$2,326$2,035$1,744
7%$3,060$2,907$2,754$2,448$2,142$1,836
7.5%$3,216$3,055$2,894$2,573$2,251$1,929
8%$3,375$3,206$3,037$2,700$2,362$2,025

Remarks: Back house brand new and 1,148 sq feet with a rent of $2100 per month & tenants pay all their own utilities, front house fully remodeled and extra bedroom and bath added, all new tile too, walk to the UofA. Cash cow property that is virtually maintenance free, all parking off street in rear, front house should rent at $1500 and is 1,120 sq feet, lease 8/1/08, back home 4 beds & 2 ba, front house 3 bds & 2ba. Motivated Seller!

Directions: Speedway/Park N, Drachman E to address

  
1019 E Drachman St
Tucson, Arizona 85719

Map

Central Tucson

University Home

Property SubtypeDuplex
3 Br Units1
Other Units1
Year Built 1947
Square Feet 2268
Lot Square Feet 6098
Stories 1
ZoningTucson - CR1
Tax Year2007
Capitalization Rate0.090
Gross Rent Multiplier10.65
 
Gross Income: 
Avg 3 Br Rent$1500/Mo
Avg Other Rent$2100/Mo
Gross Scheduled Rents$43,200/Yr $3,600/Mo
 
Expenses: 
Insurance$722/Yr
Management$900/Yr
Total Expenses$1,622/Yr $135/Mo
 
Net Income: 
Net Income$41,578/Yr $3,465/Mo
 
listed by:
Long Realty Company

list price: $459,900




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