2038 N 54th Ln

Phoenix, AZ 85035

3 bd, 2 ba | 1,431 sqft | Built in 1973

List Price
$270,000

Initial Investment

$73,575

Purchase Price

$270,000

Down Payment

25%

Rent

$1,700

Total Return

$249,664

Annualized Return

33.8%

Cap Rate

5.0%

Gross Yield

7.6%

Cash Flow

-$1,907

Appreciation

14.7%
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Features

Occupancy

Vacant

Lot Size

6,408

HOA

None

Flood Risk

Not Required


See more in Analysis
Nick Nedev
Roofstock, Inc.

Annual Financial Highlights

Expected Rent

$19,380

Expenses

-$4,609

Property Taxes

-$2,000

Loan Payments

-$14,679

Net Cash Flow

-$1,907

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.

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Listing Courtesy of:Off Market Lead
Off Market Lead
Certified Agent Brokerage:Nick Nedev
Roofstock, Inc.
SourceRoofstock Off Market
Last Updated: 04/16/2021 21:04
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