Example Cash Flow Properties in AZ
Just picked up a another income property in the Mesa Arizona area. These properties are ready to go, and we have them inspected before you purchase in most cases. They need little or no fix up. This property is in Mesa Arizona the second biggest city in Arizona. The home was built in 2002 it is a 3 bedroom 2 bath home 1357Sq feet. These properties get quality tenants and are low maintenance.
Lets go over the approx numbers on this property. Cost if this property is $175,000 and the we rented it for $1275 a month.
Taxes___________________$ 81 a month
HOA___________________$ 72 a month
Insurance________________$ 60 a month
Property Management______$130 a month
Net proceeds_____________$ 942 a month.
Buying a home warranty will also help defer the maintenance cost for these types of properties. We also can assist in management of your property if needed.