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Updated over 1 year ago on . Most recent reply

3966 e pima st Tucson az 85712
3966 E Pima St, Tucson AZ 85014
Sale Price 450k
Arv 780k
Estimated repairs =140k
Emd 5k non refundable
4plex = x1 4bed 2 bath and x3 2bed 1 bath
3,073 total sqft
Taxes = $3210
Link to Photos: https://www.dropbox.com/sh/yvj... to property inspectionhttps://www.dropbox.com/sh/0vb... Property is zoned for 5 to 23 units but currently sits as 4 units. 3 units are 2/1s one is a 4/2. The Standard market rents for the 2/1s are $1200 a month and for the 4/2 $1600 a month.
Standard market rental income = $5,200
Link to rental comps : https://www.dropbox.com/s/abgh... the 2/1 units are recently vacant the last tenant I'm working on getting her out. That one will be vacant the beginning of February.
Most Popular Reply

Hey Saxxon where did you get this ARV? Feels like it'd be $525-550k max even in tip top shape