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4088 N 1st 600 feet east of 1st Ave Includes:

  • Frame Stucco Construction
  • Electric Metered Seperately
  • Gas Metered Seperately
  • Water Metered Seperately
  • Laundry Facilities
  • Central AC
  • Sewer Connected
  • City Water
  • Actual Figures Presented
  • Forced Air Electric Heating
  • Fence
  • Fire Protection Included
Monthly P&I Estimate:
Down Payment
None 05% 10% 20% 30%40%
APR5.5%$2,214$2,104$1,993$1,772$1,550$1,329
6%$2,338$2,221$2,104$1,871$1,637$1,403
6.5%$2,465$2,342$2,219$1,972$1,726$1,479
7%$2,595$2,465$2,335$2,076$1,816$1,557
7.5%$2,727$2,591$2,454$2,182$1,909$1,636
8%$2,862$2,719$2,576$2,289$2,003$1,717

Remarks: 100% occupied since built, both units rented through July 2009. Two three bedroom, two bath units. Only two years old, high quality rental, easy to rent, less than three miles to UA. Tenants pay all utilities. Very good cash flow. Owner willing to property manage for new owner.

Directions: From Limberlost and 1st Ave go south on 1st Ave 500 feet, take first left and go east on road ALSO called First Avenue to dead end.

  
4088 N 1st 600 feet east of 1st Ave
Tucson, Arizona 85719

Map

Central Tucson

Property SubtypeDuplex
3 Br Units2
Year Built 2006
Square Feet 2450
Lot Square Feet 7216
Stories 2
ZoningTucson - R2
Tax Year2008
Capitalization Rate0.071
Gross Rent Multiplier12.75
 
Gross Income: 
Avg 3 Br Rent$1275/Mo
Gross Scheduled Rents$30,600/Yr $2,550/Mo
 
Expenses: 
Taxes$1757/Yr
Insurance$507/Yr
Maintenance & Supplies$480/Yr
Total Expenses$2,744/Yr $229/Mo
 
Net Income: 
Net Income$27,856/Yr $2,321/Mo
 
listed by:
Tierra Antigua Realty

list price: $390,000




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