2053 N Alvernon Way Includes: Concrete Block Construction Electric Metered Seperately Gas Metered Seperately Laundry Facilities Package Available Central Evaportive Cooling Sewer Connected City Water Actual Figures Presented Other Heating Fire Protection Included Monthly P&I Estimate: Down Payment None 05% 10% 20% 30% 40% APR 5.5% $5,650 $5,367 $5,085 $4,520 $3,955 $3,390 6% $5,966 $5,667 $5,369 $4,772 $4,176 $3,579 6.5% $6,289 $5,975 $5,660 $5,031 $4,402 $3,773 7% $6,620 $6,289 $5,958 $5,296 $4,634 $3,972 7.5% $6,957 $6,609 $6,261 $5,566 $4,870 $4,174 8% $7,301 $6,936 $6,571 $5,841 $5,111 $4,381 Remarks: The Alvernon Villa Apartments are comprised of 24 one bedroom apartments. The roofs on all 6 buildings and laundry room have been completely replaced less than 2 years ago. There is a long term on-site tenant manager in place, ideal for an out of state owner . Property is 100% occupied with an excellent rental history. 7.3% cap rate based on actual operating figures. Room to raise rents for even greater cash flow. Listing agent is 50% owner. Directions: On Alvernon just south of Grant on west side of street.