5330 W. BELLEVIEW ST, Phoenix | 8.46% NET Return - IPS | International Property Services

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  • 5330 W. BELLEVIEW ST, Phoenix | 8.46% NET Return

5330 W. BELLEVIEW ST, Phoenix | 8.46% NET Return

August 15th, 2017

Listing ID #2496

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Property Information
  • Property Type: Townhouse
  • Price: $85,000USD
  • Size: 87 sqm
  • Bedrooms: 2
  • Bathrooms: 1
  • Parking: 2 Spaces
  • Pool: None

$85,000 USD @ 8.46% NET Return

Entry to this townhouse is via the large sunny front courtyard. Once inside, you are met with a lovely combined living and dining room, streaming with natural light due to the large windows. The kitchen, while compact, is well equipped and has everything you need. Upstairs are two good sized bedrooms, both with floor boards and with built in closets, and a main bathroom with a large vanity and combined bath/shower. The property comes with two car spaces and is in a great location.

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

HOA $135 x 12 = $1,620 Per Year

Property Management Fee 5% = $510 Per Year

Property Tax = $400 Per Year

Insurance = $175 Per Year

Accounting = $300 Per Year

Less Expenses = $3,005

NET Profit = $7,195 USD Per Year or 8.46% NET Return PLUS Capital Gains

5 year projection (rent + capital growth) = $59,457 or 69.94% ROI over 5 years

IPS GUARANTEES RENT FOR 5 YEARS PLUS






  

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