1406 W Emerald Ave Unit 129

Mesa, AZ 85202
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2 bd, 2 ba | 1,186 sqft | Built in 2000

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For Sale

Exclusive

List Price
$270,000

Initial Investment

$73,575

$

about the purchase process.
Features

Occupancy

Occupied

Lease Start

05/14/2018

Lease End

05/31/2022

Property Type

Condo

Lot Size

2,225

HOA

$177/mo

Flood Risk

Not Required

  • Leased through 05/31/2022
  • Currently below market rent
  • Near Mesa Community College
See more in Analysis

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Annual Financial Highlights

Expected Rent

$12,540

Expenses

-$5,804

Property taxes

-$1,900

Loan Payments

-$11,601

Net Cash Flow

-$6,766

See more in Financials

Property Characteristics

Inspection Contingency

This home will be inspected after the offer is accepted and prior to closing, during which time you can negotiate price or repairs based on the inspector's findings or cancel the contract.
  • This property will be professionally inspected before closing.
  • You'll have the opportunity to negotiate a lower price or repairs if any issues are identified during the inspection process.
  • Your earnest money deposit will be refunded if you cancel the transaction before the inspection contingency termination date.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.