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Investment Property: 907 E Harmony Avenue

Tired of looking at distressed properties!  Here is a newly updated property priced at $114,900.

Status: Available

Newly updated Mesa, Arizona investment property

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This turnkey investment property has many upgrades.  New carpet, wood flooring and interior paint throughout.  Kitchen features a breakfast bar, new black appliances, dark stained cabinets.  There is a real wood burning fireplace in the great room and living room.   Large backyard with plenty of room for a pool.

907 E Harmony Avenue backs up to a greenbelt which offers privacy.  Located close proximity to parks, shopping, restaurants, and major freeways.

Investor Information:

Dwelling Type: Single Family – Detached
Home Square Footage: 1,700
Lot Square Footage: 8,202
Level: Single Level
Year Built: 1978
Parking: 2 Car Garage
Beds: 4
Baths: 2
Fireplace: Yes
Pool: No
Hoa: No
Rents: 950-1,000*

Projected Cap Rate: 7.25 – 7.75%*

*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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