10637 N 17th Dr., Phoenix, AZ 85029

REMODELED & MANICURED duplex just outside of the North Mountain Preserve. Many recent improvements include updated kitchens and bathrooms, paint, new fixtures and exterior fencing added for security. The roof is 6 years old. Property consists of (2)2bed/1bath units. Convenient access to the I-17 freeway, public transportation and Metrocenter Mall. Property will bring in total rents of $13,200 less 5% vacancy of -$660 per year so $12,540 adjusted gross income. Then after projected expenses of $4,241 the amount an investor would pocket $8,299 per year based on pro forma. This is a 10.39% CAP Rate.