3949 W Camelback RD, Phoenix | 8.05% NET Return - IPS | International Property Services

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  • 3949 W Camelback RD, Phoenix | 8.05% NET Return

3949 W Camelback RD, Phoenix | 8.05% NET Return

July 17th, 2017

Listing ID #2471

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Property Information
  • Property Type: Townhouse
  • Price: $89,000USD
  • Size: 86 sqm
  • Bedrooms: 2
  • Bathrooms: 1
  • Parking: 2 Spaces
  • Pool: None

$89,000 USD @ 8.05% NET Return

This newly remodelled townhouse is spread over 1000 sq ft, making it one of the biggest and best in the complex! It’s open plan carpeted living space leads out to a private and sunny paved courtyard, perfect for alfresco dining and entertaining. The modern galley style kitchen has new timber cabinets, a storage cupboard and a handy breakfast bar, as well as a dedicated dining space. Upstairs are two bedrooms with built in closets, the master bedroom being large enough to incorporate a desk, sitting area or cot space. There is an updated family bathroom and a linen cupboard with extra storage and the home is air conditioned throughout. This property comes with two parking spaces, community BBQ area and basketball court.

Rent Per Month $850 x 12 = $10,200 Per Year

HOA $148 x 12 = $1,776 Per Year

Property Management Fee 5% = $510 Per Year

Property Tax = $270 Per Year

Insurance = $175 Per Year

Accounting Fee = $300 Per Year

Less Expenses = $3,640

NET Profit = $7,169 USD Per Year or 8.05% NET Return plus Capital Gains

5 Year Return Projection (Rent + Capital Growth) = $60,432 USD or 67.90% ROI

IPS GUARANTEES RENT FOR 5 YEARS PLUS






  

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