1. INVESTAR PRICE: $156,900
MLS PRICE: $227,000
Great Investment Opportunity
*Buyer to verify all info. Price is NET to Seller, Buyer to pay all closing costs. Prices and availibility are subject
ot change without notice. Income and Operating Expenses represented herein are estimated as of property
stabalization,except for property taxes, which are quotes from the Maricopa County Treasurers Office.
Situation near Arizona’s first man make lake community, this desirable condo
unit features 3 bedrooms, 3 bathrooms & community pool. Close to schools and
transportation. Residence have access to the beach & Tennis Club.
Highlights
2 Bedroom / 1 Bathroom
Total Sq.Ft.: 1053
Year Built: 1974
Peak Market: $227,000
FINANCING IS AVAILABLE FOR THIS PROPERTY
Downpayment: $45,465.00
Closing Costs: $3,897.00
Annual Mortgage Payments: $6,504.56
Annual Cash Flow with Leverage: $1,488.40
Estimated Monthly Rent: $950.00
Estimated Yearly Rent: $11,400.00
Estimated Annual Expenses: $3,783.96
Estimated Annual Cash Flow: $7,616.04
Cap Rate 6.15%
Cash on Cash 3.02%
Total ROI 15.34%
interior
photos
coming
soon
OLD SCOTTSDALE
DON”T MISS THIS INVESTMENT
5632 S HURRICANE CT UNIT C, TEMPE
THE LAKES
This turnkey property pricing includes bidding fee, renovations,
financing pre-approval, tax consultation, tenant at time of closing (no
vacancies to worry about) 3rd party Property Management set-up.