This is a great opportunity for a cash flow investor!  Purchase this newly updated property for $119,900.

Status: Available

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Description:

This turnkey investment property has been nicely updated.  Covered entry at front door.  New carpet and interior paint throughout home.  Kitchen has a breakfast bar, eat-in kitchen area, dark stained cabinets, and newer black appliances.  Large family room with ceramic tile flooring.  Master bedroom has french doors that exit out to the large backyard.

14801 N 37th Place is in close proximity to shopping, restaurants, and major freeways.

Investor Information:

Dwelling Type: Single Family – Detached
Home Square Footage: 1,848
Lot Square Footage: 6,618
Level: Single Level
Year Built: 1972
Parking: 1 Car Garage
Beds: 4
Baths: 2
Fireplace: No
Pool: No
Hoa: No
Rents: 1050-1,150*

Projected Cap Rate: 7.25 – 8.25%*

*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.