Tuesday, April 8, 2014

Can you afford $65,000? Found this cozy townhouse in Phoenix today!

Hello friends,

As you know, I'm searching for good opportunities here in Phoenix for you- my friend investors.
The "snow-birds" are almost all gone, temperature is rising and property prices....declining.
Good time for us investors to buy.

This remodeled 2bedroom/1.5 bath townhouse is already rented and ready for you to purchase it!
It's located in an older neighborhood of Phoenix, close to the mountains at the end of a very quiet street.
Dark colored hardwood floors, cherry cabinets in the newly remodeled kitchen.
The complex is cute and small (8 units only) and looks very clean and well maintained.
Convenient to highway 51, short drive to Scottsdale, the airport, big hospital is located nearby!

                                                          Vogel Ave., Phoenix 85020

                   2bedrooms/1.5 baths, 1150sqf, built in 1988
                      Asking price: $69,000
                      Target price:  $65,000
                       Rented for  :       $750
                        Estimated monthly expenses:$346*
                          Estimated monthly cash-flow: $404
             Cash on cash return: 7.4%

* Estimated expenses include: property taxes, insurance, HOA fees and professional property management.

Contact me for additional information: naomiesal@gmail.com

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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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