🌟 Hot Investment Opportunity: "Subject To" Deal in Phoenix, AZ! 🌟

Maricopa County, Phoenix, AZ, 85021
Sold
Listed at: July 20th, 2024
Price
$19,000
Sq. Footage
1408
Type
Townhouse
Parking
Assigned
Year build
1970
Lot size
0.02 acres
Bedrooms
3
Bathrooms
3
Half Bathrooms
1
Summary

### 🌟 Hot Investment Opportunity: "Subject To" Deal in Phoenix, AZ! 🌟

 

📍 Address:

7XXX N 19th Ave UNIT 112, Phoenix, AZ 85021  

🏡 Total Area:

1,609 sq ft | 3Bd/2.5 Bath  

🏞️ Lot Size:

2,050 sq ft

 

### 💰 Investment Details:

 

 

- Entry Fee:

$19,000 + CC

- PITI:

$1,435.83

- Interest Rate:

6.750%

- Mortgage Balance:

$200,772.24

- Purchase Price:

$207,000

- ARV:

$245,000

- Cash to Seller:

$4,719

- Arrears Paid by Seller:

$1,435.83 (1 Month Going to 2 Months)

 

### 🏢 Property Features:

- **Year Built:** 1982

- HOA:

$343/m (Covers all utilities)

- Amenities:

Management, Pest Control, Maintenance, Air Cond/Heating, Trash, Water, Roof Replacement

- Association:

Casa Del Pueblo (480-941-1077)

- STR Restrictions:

1 Year Min Lease

- **2 Car Garage**

- **Vacant**

 

### 📈 **Revenue Potential:**

 

Long Term Rental:

- **Gross Rental Income:** $1,649 (Zillow)

- Monthly Mortgage Payment:

$1,435.83

- HOA:

$500/m

- Monthly Revenue:

$213.17

- Annual Revenue:

$2,558.04

 

**Section 8 Long Term Rental:**

- **Gross Rental Income:** $2,541 (HUD)

- **Monthly Mortgage Payment:** $1,435.83

- **HOA:** $343

- **Monthly Revenue:** $605.17

- **Annual Revenue:** $7,262.04

 

### 🌟 **Highlights:**

 

- 👩🏼‍⚕️ 5 Min from Banner Casa Grande Medical Center

- ✈️ 45 Min From Phoenix Sky Harbor International Airport

- 🚗 55 Min from Downtown, Phoenix

- ✅ LTR Positive Revenue

 

### 📞 **Contact:**

 

- **Jervon Thompson**

- **Disposition Manager, JNA Dynamic Holdings LLC**

- **Phone:** 480-444-9503

 

### ⚠️ **Note:**

 

Please refrain from advertising this property unless a joint venture (JV) agreement is established, or legal action may be taken.

-Submit your Highest and Best Offer through email, text, or phone. Buyers pay both (buyers and sellers) sides of closing costs. First “Subject to” buyer who leaves a $5,000 deposit with the closing attorney and signs the Assignment Agreement gets this deal. 🚀

 

Access via appointment only -  access. Lock Box Code: 0730

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Jervon Thompson

No reviews

Disposition manager