Tuesday, April 12, 2011

SFR - ARLINGTON ESTATES - PHOENIX-AZ - $110,000- MOVE-IN READY!

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GREAT INVESTMENT - "CASHFLOWING" PROPERTY

Pete Newcome
707-799-5299/cell
San Rafael, CA

CA - DRE# - 01281179 

http://wholesalepropsbypete.com 

 

Fireshot_capture_123_-_wholesale-props-image-of-pete_-_no_click-4-video

 

 

SFR - ARLINGTON ESTATES - PHOENIX-AZ - $110,000- "MOVE-IN READY!"

 

7242 S 40th Lane Exterior

MLS#                            4557382          

Sales Price:                  $110,000

# of Units:                     1 Single Family Home           

Description: 

NOT A SHORT SALE OR REO - can close QUICKLY.  

  • Newer home
  • New carpets
  • Fresh paint

MOVE IN READY. This property will bring in total rents of $13,200, less $660 vacancy, so $12,540 per year. Then after total expenses of $4,211, the amount the investor would pocket is $8,329 per year, based on pro forma.  

 

This is a 7.57% return on investment based on a cash purchase.

 

 

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