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For sale 6 days ago

$359,900

3 bd 2 ba 1149 sqft

1301 W Cocopah St, Phoenix, AZ 85007

Residential SFR Off MLS

Current Rent **

N/A

Projected Rent **

$1,500

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Estimated Rent †

Pro Only

Estimated Rent Confidence ‡

High

Seller Will Finance - 3 bedroom home near 15th Ave & Buckeye Rd - Remodeled

*** SELLER WILL FINANCE UP TO 10 YEARS! NO BANK QUALIFYING *** 3 bed 2 bath home in centrally located Phoenix neighborhood. The home is undergoing a full remodel including a new master suite, new kitchen and bathrooms with new cabinets and countertops, new electrical panel, wiring, outlets and switches, new light fixtures, new AC unit, new flooring, and new paint inside and out. The home is located near 15th Ave & Buckeye Rd. Downtown Phoenix is a quick 7-minute drive from this home. This home is available with seller financing, if you are ready to buy but not ready to qualify for a bank loan. Investors welcome, owner occupants welcome.

** PLEASE NOTE: ** If interested in this home, as a first step, please take 60 seconds and fill out the initial qualifying form found here:
https://hasslefreehouses.com/sellerfinancing/?1301
Once we receive your info from the form we will be in touch to answer any questions that you have, and/or set up a showing for you.

Seller Financing Details:
* Minimum Down Payment: $25,000
* Total Move-in: $31,000 (down payment plus estimated closing costs and prepaid items)
* Loan Term: 10 years (30 year amortization with 10 year balloon)
* Monthly Payment: $2,693 (principal and interest)
* Total Monthly Payment: $2,819 (including principal, interest, taxes, insurance, and account servicing)
* Interest Rate: 8.99%
* APR: 9.02%
* Purchase Price: $359,900
* No Prepayment Penalty
* Offered by: Geneva Real Estate & Investments (Broker)
* Nate Tanner, Realtor, Owner/Agent

** PLEASE NOTE: ** If interested in this home, as a first step, please take 60 seconds and fill out the initial qualifying form found here:
https://hasslefreehouses.com/sellerfinancing/?1301
Once we receive your info from the form we will be in touch to answer any questions that you have, and/or set up a showing for you.

Home Details:
* Address: 1301 W Cocopah St Phoenix AZ 85007
* Bedrooms: 3
* Bathrooms: 2
* Parking: 2 car carport
* 1 Master Suite
* Full remodel in progress, including: new electrical panel, new wiring, new switches and outlets, new AC unit, new flooring, new paint inside and out, new light fixtures, new cabinets and countertops.
* Central Phoenix neighborhood. Just a 7-minute drive from Downtown.
* Block fence
* Home Size: 1,149 square feet
* Lot Size: 6,391 square feet
* Offered by: Geneva Real Estate & Investments (Broker)
* Nathaniel Tanner, Realtor, Owner/Agent

** PLEASE NOTE: ** If interested in this home, as a first step, please take 60 seconds and fill out the initial qualifying form found here:
https://hasslefreehouses.com/sellerfinancing/?1301
Once we receive your info from the form we will be in touch to answer any questions that you have, and/or set up a showing for you.

Location:

1301 W Cocopah St, Phoenix, AZ 85007

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.