4-PLX- 17%-CAP-84K-75%-FUL-PHX-AZ, Phoenix, Arizona

Description:

I AM "REFERRING" THIS PROPERTY – ON BEHALF OF LISTING BROKER
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SELLER-FINANCING – 10%-DOWN MINIMUM – 8% INTEREST ONLY FOR 1-5 YEARS __________________________________ 17%-CAP RATE __________________________________ 75% occupied __________________________________  4plex in Phoenix! Property has scenic mountain views from the North and is located near the North Mountain Preserve. The property has a comp. shingle roof that is in good condition and all units have swamp coolers. Each unit has vinyl and carpet flooring, standard cabinets and laminate countertops. __________________________________ Number of Acres: 0.25 __________________________________ Square feet: 2,650 __________________________________ Number of Units: 4 __________________________________ Number of Bedrooms: 7 __________________________________ Number of Bathrooms: 4 __________________________________ Sale or Lease: Sale __________________________________ List Price: $84,900 __________________________________ Directions: View Map __________________________________ Information: Public Remarks: __________________________________ Single level __________________________________ Cap Rate: 17.4 __________________________________ 75% occupied __________________________________ 4plex in Phoenix! Property has scenic mountain views from the North and is located near the North Mountain Preserve. __________________________________ The property has a comp. shingle roof that is in good condition and all units have swamp coolers. __________________________________ Each unit has vinyl and carpet flooring, standard cabinets and laminate countertops. __________________________________ Propety is in good condition overall. -———————————————————————————— Seller financing 10% down minimum 8% interest only for 1-5 years. __________________________________ Income & Expense __________________________________ Source of Fincl Data: Projected Proforma __________________________________ Adjusted Gross Inc: $19,080 __________________________________ Totl Mnth Rntal Inc: $1,590 __________________________________ Other Income: $0 __________________________________ Operating Exp: $6,537 __________________________________ Net Operating Income: $15,640 County, Tax and Financing __________________________________ County Code: Maricopa Legal Subdivision: __________________________________   Tax Year: 2009 __________________________________ Taxes: $1,097 __________________________________ Assessor Number: 158-27-063-B __________________________________ Lot Number: unk __________________________________ Census Tract: 104,502 __________________________________ Ownership: Fee Simple __________________________________ Range: 3E __________________________________ Section: 30 __________________________________ Township: 3N __________________________________ Lot Number: unk Total Owed: 0 __________________________________ Equity: $89,900 __________________________________ Monthly Payments: 0 __________________________________ Assessment Bal Yrs: 0 __________________________________ Assessment Balance: $0 __________________________________ Cap Rate: 17.4 __________________________________ Propety is in good condition overall. __________________________________ Seller financing 10% down minimum 8% interest only for 1-5 years. Income & Expense __________________________________ Source of Fincl Data: Projected Proforma __________________________________ Adjusted Gross Inc: $19,080 __________________________________ Totl Mnth Rntal Inc: $1,590 __________________________________ Other Income: $0 __________________________________ Operating Exp: $6,537 __________________________________ Net Operating Income: $15,640 __________________________________ County, Tax and Financing __________________________________ County Code: Maricopa Legal Subdivision: __________________________________ Tax Year: 2009 __________________________________ Taxes: $1,097 __________________________________ Assessor Number: 158-27-063-B __________________________________ Lot Number: unk __________________________________ Census Tract: 104,502 Ownership: Fee Simple __________________________________ Range: 3E __________________________________ Section: 30 __________________________________ Township: 3N __________________________________ Lot Number: unk __________________________________ Total Owed: 0 __________________________________ Equity: $89,900 __________________________________ Monthly Payments: 0 __________________________________ Assessment Bal Yrs: 0 __________________________________ Assessment Balance: $0 CAP RATE: 17.4%

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