For Sale : Great Spacious Home in Sunny Phoenix!! Great Cash FLOW! LOW COST

Posted on April 14, 2008 04:49 pm - All Ads by this Poster - Email to friend

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Details:

Price
$ 129,900.00 (Fixed)
Available From
Apr 14, 2008
No. of Bedrooms
3
No. of Bathrooms
3
Car Parkings
2
Location
Phoenix, T2G 0X8
View Map

Description:

Great Phoenix INVESTMENT!! *Great Cash FLOW! See details INSIDE^


4033 W PARK ST

Phoenix , AZ 85041



Single-family home Property

Purchase Price: $129,900

3 Bedroom | 2.5 Bath

Sq Footage 2,093

Rent /month: $1,250.00
Rent /Sq Ft: $0.60






Proposed Financing

Purchase Price : $129,900.00

1st Mortgage : $90,930.00

Points : 2.0

Interest Rate : 7.000%

Amortized Over : 30.0 years

Term (Due Date) : 30.0 years




Initial Investment

Purchase Price : $129,900.00

Down Payment : $38,970.00

+ Closing Costs : $1,299.00

+ Loan Points : $1,818.60

+ Other Costs : $0.00

= Total Investment : $42,087.60




Annual Cash Flow Before Tax

Net Operating Income : $10,744.00

- Annual Debt Service : $7,259.51

- Capital Additions : $0.00

= Cash Flow Before Tax : $3,484.49









Please Contact Tom Steinheiser

623-694-0117



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