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Investment Property: 3932 W Golden Lane

Quality Arizona investment property at a great price!  This newly updated home is listed for $78,900.

Status: Available

Newly remodeled Phoenix, Arizona investment property

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Description:

This turnkey investment property has recently been updated.  Why settle for a distressed property, when you can get a good quality property at a great price.  All new interior paint and carpet.  Kitchen features black appliances and dark stained cabinets.  Ceramic tile and wood laminate flooring throughout.  Sliding glass door off of the great room exits out to a covered patio.  Nice front yard landscaping .

3932 W Golden Lane is in close proximity to restaurants, shopping, and major freeways.  Great neighborhood for a family.

Investor Information:

Dwelling Type: Single Family – Detached
Home Square Footage: 1,432
Lot Square Footage: 5,920
Level: Single Level
Year Built: 1962
Parking: 1 Carport
Beds: 3
Baths: 2
Fireplace: No
Pool: No
Hoa: No
Rents: 850-900*

Projected Cap Rate: 9.25 – 10.00%*

*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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