Arizona Investment Property

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Investment Property: 801 W Kristal Way

Tired of dealing with Short Sales or REOs?  Here is a great Arizona investment property priced at $129,800.

Status: Sold

Newly renovated Phoenix, Arizona investment property

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This newly renovated home has been updated with travertine countertops, new tile, carpet, interior and exterior paint, and professional landscaping.  The home has a large great room, eat-in kitchen, and breakfast bar.  Large garage with attached storage shed.  Backyard has automatic watering system.

The home, with corner lot, is located on a quiet street minutes to shopping.  Easy access to the I-17 and 101.

Investor Information:

Dwelling Type: Single Family – Detached
Home Square Footage: 1,548
Lot Square Footage: 7,745
Level: Single Level
Year Built: 1979
Parking: 2 Car Garage
Beds: 3
Baths: 2
Fireplace: No
Pool: No
Hoa: No
Rents: 950-1,150*

Projected Cap Rate: 6.25 – 8.00%*

*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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