Investors, here’s a financial game-changer in Phoenix’s real estate market! Presenting an exclusive off-market property at 3731 W Crocus Dr, uniquely positioned for a buy-and-hold investor. The highlight of this opportunity is the option to step into an existing loan with an incredibly low 2.75% interest rate, a rarity in today’s market where rates hover around 8%. Let’s break down the numbers: By taking over this loan, your monthly payment would be approximately $1,308.47. In contrast, securing a new 30-year loan at 8% would escalate your monthly expense to around $2,193.96. That’s an astonishing monthly saving of about $885.49! Annually, this translates to savings of over $10,625.88. This property isn’t just a physical asset, it’s a financial strategy set to enhance your portfolio’s profitability and stability over the next 27 years.
Note: In 2008, this property underwent a comprehensive rebuild, effectively modernizing it with new installations and upgrades. This includes but is not limited to new electrical and plumbing systems, a new roof, and other significant improvements. This extensive renovation provides a unique advantage, especially when compared to other homes in the area that were originally built in the 1960s and 70s.
Priced for a quick sale at $399,000 and boasting an ARV of more than $450,000, this off-market property is a significant investment opportunity, especially with its low monthly payment of $1,308 on the existing mortgage. This is a prime chance to capitalize on this rare find for a strategic investment in Phoenix.
To learn more and secure this property, contact Anette Brown at (602) 448-7377
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