I just bought the same condo in the same complex in December 2013 and I love it so much that I moved into it myself! It's very well located in the high-end town of Scottsdale, AZ in a quiet and beautiful gated complex- walking distance to shops and restaurants, golf courses- everything is close by.
Scottsdale is an area that always appreciates! "Park" your money and wait for the value to grow!
1bedroom/1bath. 638 sqf, built in 1989
Asking price- $103,000
Target price- $ 98,000
Standard rent- $850 per month (optional vacation rental business model for higher cash flow)
Estimated monthly expenses- $254
Estimated cash-flow for cash transaction- $596 ROI: 7.2 %
Estimated cash-flow for loan transaction- $171 ROI: 8.2%
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Estimated cash-flow for loan transaction- $171 ROI: 8.2%
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Coming up- Cash-flowing 3bedroom/2 house in booming Kyle, TX (suburb of Austin).
Just rented for $1300!
More about Kyle- http://www.kyleed.com/why-kyle
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Information deemed to be reliable but not guaranteed. Investors are advised to conduct their own due diligence before purchase.
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Contact me for additional information: naomiesal@gmail.com
Contact me for additional information: naomiesal@gmail.com
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