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Investment Property: 3137 W Campo Bello Drive

Great cash flow investment opportunity!  Purchase this newly updated property priced at $109,900.

Status: Available

Newly updated Phoenix, Arizona investment property

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Description:

This nicely updated ranch style home features new tile and carpet throughout.  Kitchen has tiled counter tops and newer black appliances.  New two-toned paint throughout home.  The roof and garage door were recently replaced, as well as the air conditioning unit. Large backyard with covered patio.

3137 W Campo Bello Drive is in close proximity to shopping, restaurants, and major freeways.

Investor Information:

Dwelling Type: Single Family – Detached
Home Square Footage: 1,564
Lot Square Footage: 7,353
Level: Single Level
Year Built: 1979
Parking: 2 Car Garage
Beds: 3
Baths: 2
Fireplace: No
Pool: No
Hoa: No
Rents: 950-1,000*

Projected Cap Rate: 7.50 – 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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