TITLE:
TOWNHOME IN DOWNTOWN SCOTTSDALE
CONTROL:
Owner
VALUE:
$325,000
LOAN:
$188,000
EQUITY:
$137,000
TYPE:
Homes/Condos
HAVE:
Updated townhome 3 bedr/1bath in prime location near Old Town, Fashion Sq., Civic Center, and ASU. Amenities include comunity pool, with Indian Bend Greenbelt a few steps away which incl volleyball, tennis, etc. High demand area good for rentals.
ADDRESS:
4170 N 81st Street, Scottsdale, Arizona
BENEFITS TO NEW OWNER:
Will be rented unfurnished $1950/mo furnished can rent $2600/mo
OTHER FILES:
GROSS SCHEDULED INCOME:
$23,400 Actual
VACANCY LOSS:
$1,170
GROSS EFFECTIVE INCOME:
$22,230
EXPENSES:
$2,700
NOI:
$19,530
DEBT SERVICE:
$12,500
CASH FLOW:
$7,030
CAP RATE:
6.01%
ENCUMBRANCE
BALANCE
PAYMENT
RATE
DUE
ASSUMABLE
LOAN 1
$188,000
$1,035
3%
03/01/2051
No
BENEFITS SOUGHT:
looking for commercial entry in either Phx metro area, or residential in passaic or monmouth counties, NJ
CAN ADD:
18239 N 40th St #173 Phx 85032 2bedr/2.5bath townhome 215-15-175 1189sf - EQUITY: $300K rented at $1534/mo (hoa 210/mo, tax 763/year)
1.266 acre land - 7884 Shooting Star Rd, Sun Valley, AZ 86029-Navajo County equity $5k
COUNSELOR:
Maha Kapageridis
Homesmart
8388 E Hartford Dr
Scottsdale, Arizona, 85255-7806
