2126 E Harvard St., Phoenix, AZ 85006

JUST REDUCED! Central Phoenix property with a single family home in front, duplex in the back. Great opportunity for investor or owner wishing to have renters help pay mortgage! Main house is 2BD/1BA, duplex includes a 2BD/1BA & a 1BD/1BA. All units are individually metered for gas & electric. Tenants pay all utilities in exchange for a lower than market rent. Landlord pays only for taxes, insurance and management. This property will bring in total rents of $16,200, less 10% vacancy, so $14,580 per year. Then after total expenses of $6,450, the amount the investor would pocket is $8,130 per year, based on pro forma. This is a 9.56% return on investment based on a cash purchase.