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15801 S Cordes Lakes Dr Unit 8 Mayer, AZ 86333
  • 3 Beds
  • 3 Baths
  • Built In 1973
Active
$115,000
Zipcode Median
$1,015 /mo

Financial Performance

Gross Yield

10.59%

based on an annual rent of $12,180.00 divided by the offer price of $115,000.00.

Net Yield

7.84%

based on a yearly adjusted income of $12,180.00 minus the total annual expense of $3,162.08 divided by the offer price of $115,000.00.

Cash Flow

$9,018

based on a yearly adjusted income of $12,180.00 minus the total annual expense of $3,162.08 and yearly mortgage expense.

Home Details

Great Income Property. On main street corner in Cordes Lakes Az. Zoned C-2 Commercial - heaviest zoning in Cordes Lakes. Has 3 buildings. Two mobiles and one Contractors business w/ supplies. Rents are 595MH, 300 Shop and 495 MH, total of 1,390 per month. Great investment. Owner, broker must accompany to show. Retiring. Both mobiles are different and have separate descriptions for each. Taxes are on both. All in good condition. Must sell together.
Features

  • listed date Listed Date: January 12, 2017
  • year built Year built: 1973
  • bedrooms Bed: 3
  • bathrooms Bath: 3
  • property type Type:   Condo
  • county County: Yavapai
  • Listing ID: 992680
15801 S Cordes Lakes Dr Unit 8 Mayer, AZ 86333
  • 3 Beds
  • 3 Baths
  • Built In 1973
Active
$115,000
Zipcode Median
$1,015 /mo

Gross Yield

10.59%

based on an annual rent of $12,180.00 divided by the offer price of $115,000.00.

Net Yield

7.84%

based on a yearly adjusted income of $12,180.00 minus the total annual expense of $3,162.08 divided by the offer price of $115,000.00.

Cash Flow

$9,018

based on a yearly adjusted income of $12,180.00 minus the total annual expense of $3,162.08 and yearly mortgage expense.

Home Details

Great Income Property. On main street corner in Cordes Lakes Az. Zoned C-2 Commercial - heaviest zoning in Cordes Lakes. Has 3 buildings. Two mobiles and one Contractors business w/ supplies. Rents are 595MH, 300 Shop and 495 MH, total of 1,390 per month. Great investment. Owner, broker must accompany to show. Retiring. Both mobiles are different and have separate descriptions for each. Taxes are on both. All in good condition. Must sell together.
Features

  • listed date Listed Date: January 12, 2017
  • property type Type:   Condo
  • year built Year built: 1973
  • bedrooms Bed: 3
  • bathrooms Bath: 3
  • county County: Yavapai
  • Listing ID: 992680

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