2814 E Monte Cristo Ave., Phoenix, AZ 85032

Great short sale building in good condition. Just across from Palomino School and a park. Easy access to SR51. Community has an HOA, which includes the community pool, common area and parking lot maintenance, porter and the water/sewer/trash for all 4 units. Individually metered for electricity. Includes (1) 3BD/3BA units, (2) 2BD/2BA units, and (1) 1BD/1BA unit. This is a short sale subject to lender and seller final approval. Buyer to verify all financial, zoning, measurements, and all items of concern prior to close of escrow. This property will bring in total rents of $25,800 less 10% vacancy of -$2,580 per year so $23,220 gross income. Then after projected expenses of $11,954 the amount an investor would pocket is $11,266 per year based on pro forma. This is a 11.89% CAP Rate.