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6BR Home in Tucson , AZ
About This Property
Address: Tucson, AZ 85713 Asset: Duplex (6 bed / 4 bath total) - Built in 2023 - 2,460sq ft Current Income • Unit 2: Contact for details/month (Section 8) • Unit 1: Contact for details/month Total Rent: Contact for details/month Loan Details (Subject-To) • Loan Balance: Contact for details • Interest Rate: 5.75% • Contact for details • Maturity: 2054 • No HOA Deal Structure • Contact for details OBO down payment • in 7 years with a Contact for details payment to the seller has an equity protection clause saying if the property does not have at least 25% equity after 7 years the will extend 12 months indefinitely until the 25% equity position has been achieved. • No monthly payment to seller Highest & Best Use: Coliving @ 850 per bedroom = Contact for details Expenses: Contact for details (mortgage) - $750 (utilities) = Contact for details net Group Home @ $750 per bed 2 beds per bedroom = 12 beds
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Financing Details
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