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Investment Property: 2217 E Fairfield Street

Don’t settle for a distressed property, get a quality home at a great price!  This newly updated property is priced at $159,900

Status: Available

Newly remodeled Mesa, Arizona investment property

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This turnkey investment property has just been updated.  All new interior paint throughout home and new carpeting in bedrooms.  The kitchen features a breakfast bar, maple cabinets, and black appliances.  Wood laminate flooring throughout some areas of the home.  Fireplace located in the great room.  Nice covered patio that looks out over the pool and large backyard.

2217 E Fairfield Street is located in close proximity to shopping, restaurants, and major freeways.

Investor Information:

Dwelling Type: Single Family – Detached
Home Square Footage: 2,196
Lot Square Footage: 9,239
Level: Single Level
Year Built: 1976
Parking: 2 Car Garage
Beds: 4
Baths: 2
Fireplace: Yes
Pool: Yes (Private)
Hoa: No
Rents: 1,450-1,550*

Projected Cap Rate: 8.00 – 8.75%*

*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.

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