Investment Property: 14801 N 37th Place
This is a great opportunity for a cash flow investor! Purchase this newly updated property for $119,900.
Status: Available
Newly remodeled Phoenix, Arizona investment property
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Description:
This turnkey investment property has been nicely updated. Covered entry at front door. New carpet and interior paint throughout home. Kitchen has a breakfast bar, eat-in kitchen area, dark stained cabinets, and newer black appliances. Large family room with ceramic tile flooring. Master bedroom has french doors that exit out to the large backyard.
14801 N 37th Place is in close proximity to shopping, restaurants, and major freeways.
Investor Information:
Dwelling Type: Single Family – Detached
Home Square Footage: 1,848
Lot Square Footage: 6,618
Level: Single Level
Year Built: 1972
Parking: 1 Car Garage
Beds: 4
Baths: 2
Fireplace: No
Pool: No
Hoa: No
Rents: 1050-1,150*
Projected Cap Rate: 7.25 – 8.25%*
*The range given for the rental income and capitalization rate is calculated based on rental data from a licensed property management professional and is assuming a 2 month vacancy. Expenses used in this calculation are a 10% property management fee, $75/mo homeowners ins., and 2010 property tax bill. This is strictly a projection and may vary depending on when property is acquired. For more information on this property, please contact Clear Vision Investment Group.
