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450 W Thurber Rd Includes:

  • Combo Construction
  • Interior Steps
  • Central Evaportive Cooling
  • Sewer Connected
  • City Water
  • Actual Figures Presented
  • Forced Air Gas Heating
  • Fence
  • Fire Protection Included
Monthly P&I Estimate:
Down Payment
None 05% 10% 20% 30%40%
APR5.5%$1,561$1,483$1,405$1,249$1,093$937
6%$1,649$1,566$1,484$1,319$1,154$989
6.5%$1,738$1,651$1,564$1,391$1,217$1,043
7%$1,830$1,738$1,647$1,464$1,281$1,098
7.5%$1,923$1,827$1,731$1,538$1,346$1,154
8%$2,018$1,917$1,816$1,614$1,412$1,211

Remarks: Great money maker, CAP rate is for real! Main house is a 4bd with basement and is rented for $900 a month with long term tenants. There is also 7 park owned mobile homes all rented. Units are on a master meter but each unit has its own meters for owners to read and bill tenants for usage. Easy to rent. Do not enter property or disturb tenants. Shown after accepted offer only. Private loan in 1st position assumable at 8.5% Submit ALL offers.

Directions: From Prince, n oracle, w thurber

  
450 W Thurber Rd
Tucson, Arizona 85705

Map

Central Tucson

Pullman City

Property SubtypeCombination
Number of Units8
1 Br Units1
2 Br Units5
3 Br Units1
Other Units1
Year Built 1948
Square Feet 6300
Lot Square Feet 23958
Stories 1
ZoningTucson - R3
Tax Year2006
Capitalization Rate0.136
Gross Rent Multiplier5.20
 
Gross Income: 
Avg 1 Br Rent$400/Mo
Avg 2 Br Rent$475/Mo
Avg 3 Br Rent$550/Mo
Avg Other Rent$900/Mo
Gross Scheduled Rents$50,700/Yr $4,225/Mo
Other Income$7200/Yr
Vacancy Loss-$5010/Yr
Adjusted Gross Income$52,890/Yr$4,408/Mo
 
Expenses: 
Gas & Electric$8900/Yr
Taxes$1122/Yr
Insurance$500/Yr
Maintenance & Supplies$1800/Yr
Water and Sewer$3100/Yr
Total Expenses$15,422/Yr $1,285/Mo
 
Net Income: 
Net Income$37,468/Yr $3,122/Mo
 
listed by:
Murphy Business & Financial Corporation Southwest, Inc.

list price: $275,000




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