For sale 3 days ago

$359,900

3 bd 2 ba 1092 sqft

6643 W Cypress St, Phoenix, AZ 85035

Residential SFR Needs Repairs Off MLS

Current Rent **

N/A

Projected Rent **

$1,900

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Estimated Rent †

Pro Only

Estimated Rent Confidence ‡

High

Posted By:

Nate T.

Investor

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Seller Will Finance - 3 bedroom Phoenix home - Minor Fixer

*** SELLER WILL FINANCE! 3 BEDROOM PHOENIX HOME! MINOR FIXER! *** 3 bedroom 2 bathroom 1 car garage with storage Minor Fixer in Phoenix near 67th Ave & McDowell Rd. This home has a newer roof and a newer AC. Some minor upgrades are currently being done. Ready for someone interested in sweat equity, or an investor looking for your next rental. This home is available with seller financing, if you are ready to buy but not ready to qualify for a bank loan.

** 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/?8815
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: $2,814 (principal and interest)
* Total Monthly Payment: $2,977 (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

Home Details:
* Address: 6643 W Cypress St Phoenix AZ 85035
* Bedrooms: 3
* Bathrooms: 2
* Parking: 1 car garage
* Minor Fixer Upper
* Storage in garage
* Home Size: 1,092 square feet
* Lot Size: 6,904 square feet
* Offered by: Geneva Real Estate & Investments (Broker)
* Nathaniel Tanner, Realtor, Owner/Agent

Location:

6643 W Cypress St, Phoenix, AZ 85035

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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.

Seller Will Finance - 3 bedroom Phoenix home - Minor Fixer

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