3810 N MARYVALE PKWY, Phoenix | 8.04% NET Return - IPS | International Property Services

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  • 3810 N MARYVALE PKWY, Phoenix | 8.04% NET Return

3810 N MARYVALE PKWY, Phoenix | 8.04% NET Return

September 6th, 2017

Listing ID #2358

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Property Information
  • Property Type: Condo
  • Price: $86,000USD
  • Size: 87 sqm
  • Bedrooms: 2
  • Bathrooms: 2
  • Parking: 2 Spaces
  • Pool: Community

$86,000 USD @ 8.04% NET Return

Located in the exclusive Graybriar Condominiums Estate, this two bedroom, two bathroom condo is all about space at an impressive 87 sqm. Tiled and air conditioned throughout, there is a large open plan living and dining area that also incorporates a striking modern kitchen with dark cabinetry, electric cooking facilities and a dishwasher. The two bedrooms area a good size, the main also having a walk in closet and a full ensuite. The second bedroom also has a built in closet and access to the main bathroom. Community amenities include a swimming pool, BBQ area, children’s playground and a basketball court, and with two covered parking spaces on title, this is without a doubt the perfect home for those who crave a high quality, low maintenance lifestyle.

Rent Per Month $900 x 12 = $10,800 Per Year

HOA $200 x 12 = $2,400 Per Year

Property Management Fee 5% = $540 Per Year

Property Tax = $464 Per Year

Insurance = $175 Per Year

Accounting Fee = $300 Per Year

Less Expenses = $3,849

NET Profit = $6,921 USD Per Year or 8.04% NET Return plus Capital Gains

year projection (rent + capital growth) = $58,364 OR 67.86% ROI over 5 years

IPS GUARANTEES RENT FOR 5 YEARS PLUS






  

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