2125 W Pontiac Dr., Phoenix, AZ 85027

2125 W Pontiac Dr., Phoenix, AZ 85027
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$65,000
Sold on 11/27/13
Beds Baths Sq. Ft. Taxes Built
2 1.75 1,002 $299 1983
On the market: 153 days
View full details, 15 photos, school info, and price history
Great 2 BD/1.75 BA townhouse. Hurry, this one won't last! Ceramic tile in all the right spots and ceiling fans in each room. North/South exposure. There is a storage room and a large wooden deck in the backyard. Community has a large grassy area to play in with a BBQ by the heated community pool and spa. This property is projected to bring in total rents of $9,000 less 5% vacancy of -$450 per year so $8,550 gross income. Then after projected expenses of $3,498 the amount an investor would pocket is $5,052 per year based on pro forma. This is a 7.77% CAP Rate. This is a pre-approved short sale.
Listing courtesy of Linda Gerchick & Patrick O'Sullivan, Gerchick Real Estate & Gerchick Real Estate