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Investment Property: 3001 W Muriel Drive

Great Arizona investment property!  Purchase this newly renovated investment property priced at $106,900.

Status: Available

Newly remodeled Phoenix, Arizona investment property

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This beautifully updated home has travertine countertops, new tile flooring, carpet, painted and textured walls, and professional landscaping.  In addition to all of the upgrades, there is a RV gate on the side of the house which leads into a spacious backyard.

3001 W Muriel Drive is located on a quiet street, minutes to shopping, and easy access to the I-17 and the 101.

Investor Information:

Dwelling Type: Single Family – Detached
Home Square Footage: 1,209
Lot Square Footage: 8,318
Level: Single Level
Year Built: 1976
Parking: 2 Car Garage
Beds: 3
Baths: 1.75
Fireplace: No
Pool: No
Hoa: No
Rents: 950-1,150*

Projected Cap Rate: 7.75 – 9.75%*

*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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