
2445 N Alvernon Way Includes: - Brick Construction
- Electric Metered Seperately
- Gas Metered Seperately
- Laundry Hookup
- Covered Parking
- Central Evaportive Cooling
- Sewer Connected
- City Water
- Proforma Figures Presented
- Combo Heating
- Fire Protection Included
Monthly P&I Estimate:
| | Down Payment | | | None | 05% | 10% | 20% | 30% | 40% | | APR | 5.5% | $1,987 | $1,888 | $1,789 | $1,590 | $1,391 | $1,192 | | 6% | $2,098 | $1,994 | $1,889 | $1,679 | $1,469 | $1,259 | | 6.5% | $2,212 | $2,102 | $1,991 | $1,770 | $1,549 | $1,327 | | 7% | $2,329 | $2,212 | $2,096 | $1,863 | $1,630 | $1,397 | | 7.5% | $2,447 | $2,325 | $2,203 | $1,958 | $1,713 | $1,468 | | 8% | $2,568 | $2,440 | $2,311 | $2,055 | $1,798 | $1,541 |
Remarks: Centrally located in the heart of the city w/accessibility to all conveniences. Shopping, public transportation and easy access to the U of A and downtown make this property easy to maintain occupancy. Well maintained, covered parking, laundry hook-ups and individually metered gas and electric for 6 separate casitas allow for ease of management and a great investment. Directions: Grant/Alvernon-North. Do Not Disturb Tenants. |
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2445 N Alvernon Way Tucson, Arizona 85712
Map
Central Tucson Catalina Farms Annex
| Property Subtype | Apartment | | Number of Units | 6 | | 1 Br Units | 5 | | 2 Br Units | 1 | | Year Built | 1950 | | Square Feet | 3621 | | Lot Square Feet | 14810 | | Stories | 1 | | Zoning | Tucson - 03 | | Tax Year | 2008 | | Capitalization Rate | 0.064 | | Gross Rent Multiplier | 11.15 | | | | Gross Income: | | | Avg 1 Br Rent | $415/Mo | | Avg 2 Br Rent | $625/Mo | | Gross Scheduled Rents | $32,400/Yr | $2,700/Mo | | Vacancy Loss | -$1000/Yr | | Adjusted Gross Income | $31,400/Yr | $2,617/Mo | | | | Expenses: | | | Contract Services | $500/Yr | | Taxes | $2975/Yr | | Insurance | $1700/Yr | | Maintenance & Supplies | $2200/Yr | | Water and Sewer | $1550/Yr | | Total Expenses | $8,925/Yr | $744/Mo | | | | Net Income: | | | Net Income | $22,475/Yr | $1,873/Mo |
listed by: Long Realty Companylist price: $350,000
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