Co-Living Opportunity
Mesa, AZ 85204
8 bedrooms 3 bathrooms 1962 year built
8 bdrm/ 3 bath - Renovated 2025
| General Information | |
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| Square Feet | 2,000 | | Purchase Price | $535,000 | | Initial Market Value | $535,000 | | Downpayment | $133,750 | | Closing Costs | $15,716 | | Approximate Cash Invested | $149,466 |
| Income & Expenses | Monthly | Annual |
|---|
| Projected Rent | $7,650 | $91,800 | | Vacancy Losses | $612 | $7,344 | | Operating Income | $7,038 | $84,456 | | Operating Expenses | $2,459 | $29,505 |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $4,579 | $54,951 | | - Mortgage Payments | $2,503 | $30,039 | | = Cash Flow | $2,076 | $24,912 | | + Principal Reduction | $383 | $4,592 | | + First-Year Appreciation | $2,675 | $32,100 | | = Gross Equity Income | $5,134 | $61,604 |
| | Financial Indicators | |
|---|
| Capitalization Rate | 10.3% | | Cash on Cash Return | 17% | | Return on Investment | 41% |
| Assumptions | |
|---|
| Projected Appreciation Rate | 6% | | Vacancy Rate | 8% | | Management Fee | 16% |
| Comments |
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This Co-Living home is fully furnished and ready for Co-living occupants! Kitchen is set up with all necessities, plates, silverware, glasses, etc. Two sets of washer and dryers and two refrigerators.
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*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.
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