Investment Property: 801 W Kristal Way
Tired of dealing with Short Sales or REOs? Here is a great Arizona investment property priced at $129,800.
Status: Sold
Newly renovated Phoenix, Arizona investment property
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Description:
This newly renovated home has been updated with travertine countertops, new tile, carpet, interior and exterior paint, and professional landscaping. The home has a large great room, eat-in kitchen, and breakfast bar. Large garage with attached storage shed. Backyard has automatic watering system.
The home, with corner lot, is located on a quiet street minutes to shopping. Easy access to the I-17 and 101.
Investor Information:
Dwelling Type: Single Family – Detached
Home Square Footage: 1,548
Lot Square Footage: 7,745
Level: Single Level
Year Built: 1979
Parking: 2 Car Garage
Beds: 3
Baths: 2
Fireplace: No
Pool: No
Hoa: No
Rents: 950-1,150*
Projected Cap Rate: 6.25 – 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.
