2826 E Marconi Ave., Phoenix, AZ 85032

NOT A SHORT SALE AND NOT A REO. Great fourplex located across from the community pool. Renovated in late 2012 with new flooring, paint, vanities, fixtures, washer/dryer inside and select appliances and more, so no deferred maintenance! Even the electrical panel updated in 2013. The Palomino School and Park are within walking distance. Easy access to SR51 for easy commute. The HOA payment covers water/sewer/trash for all 4 units, community pool, common area, parking lot maintenance and porter. This Property is projected to generate total rents of $27,840 less 10% vacancy of -$2,784 per year so $25,056 gross income. Then after projected expenses of $11,985 the amount an investor would pocket is $13,071 per year based on pro forma. This is a 8.07% CAP Rate.