OFF-MARKETSingle Family Residence
5112 S 23RD Avenue
Phoenix
4 bd · 2 ba · 1,470 sqft
Acquisitions note
Solid opportunity in a strong submarket. Clean layout allows for an easy cosmetic turn.
Cap rate · unlevered
6.7%
Cash-on-cash · 70% LTV
5.6%
Purchase price$339,500
Net cap rate6.7%
Gross cap rate11.0%
Monthly cash flow$486/mo
Underwriting numbers are estimates based on local market data. Buyer must perform their own diligence.