2450 W Glenrosa Ave. #13, Phoenix, AZ 85015

This attractively designed Town home community holds an alluring curb appeal, located in a prime Central Phoenix location, just off of the I-17. Acquired within a gated complex, this community holds true with first-class amenities such as a generous sized pool and spa. The property itself is well maintained and managed. The unit features a large kitchen, 2 bedrooms, 2.5 bathrooms, and a 2 car garage. The interior space is equipped with Granite Counter tops, inside laundry, and a breakfast bar. This property is projected to bring in total rents of $10,500 less 5% vacancy of -$525 per year so $9,975 gross income. Then after projected expenses of $4,459 the amount an investor would pocket is $5,516 per year based on pro forma. This is a 5.82% CAP Rate.