7709 W Tonto Dr

Glendale, AZ 85308
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3 bd, 2 ba | 1,567 sqft | Built in 1992

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List Price
$415,000

Initial Investment

$114,042

Purchase Price

$413,000

Down Payment

25%

Rent

$2,100

Total Return

$235,721

Annualized Return

23.5%

Cap Rate

3.8%

Gross Yield

6.1%

Cash Flow

-$7,736

Appreciation

11.0%
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Features

Occupancy

Occupied

Lease Start

11/20/2020

Lease End

11/30/2022

Lot Size

4,200

HOA

$38/mo

Flood Risk

Not Required

  • 2 car garage with built-in cabinets
  • The gourmet kitchen offers ample cabinet and counter space
  • Master bedroom with a full bath with separate tub and shower, and a spacious closet.
  • Covered patio and paved seating area
  • AS-IS sale but very clean inspection report with just one item that requires fixing which seller is in the process of doing.

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Annual Financial Highlights

Expected Rent

$23,940

Expenses

-$6,423

Property Taxes

-$2,800

Loan Payments

-$22,453

Net Cash Flow

-$7,736

See more in Financials

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