Investment Property at 1255 N Arizona Ave, Chandler, AZ 85225 - $-5,496 Profit
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Description

Profitable Investment Opportunity: Active on the Market: Resideline estimates that this property can be rented on Airbnb for an average of $175 per day and long-term for an average of $2,398 per month, based on similar listings in the area. Estimated short-term cap rate of 0.9%. Estimated long-term cap rate of -1.2%. MOTIVATED SELLERS! The perfect townhouse in Tre Vicino is now available! This beautiful townhouse features an open floor-plan with an HUGE great room with a gorgeous kitchen with granite countertops, dark wood shaker style cabinets, walk-in pantry, kitchen island and stainless steel appliances, wide plank tile flooring throughout, updated lighting, very spacious primary bedroom with walk-in closet and the primary bathroom has a large walk-in shower with dual sinks and much much more. This townhouse also has balcony along with a 3 car tandem garage. The location is ideal with shopping and restaurants all close by. Units this nice don't last long!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$260
Rental Policy
daily
Yearly Taxes
$1781
Bedrooms
3
Bathrooms
3
SQFT
2,059
Furnished
N/A
Year built
2021
Listing Status
Active
MLS
6809354

Short-term Rental Potential
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$38,412

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$223

Price/SQFT

Long-term Rental Potential
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$28,776

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$2,398/mo

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