NEW CONSTRUCTION
Mesa, AZ 85212
3 bedrooms 2 bathrooms 2025 year built
3BR, 2.5BA, New Construction
| General Information | |
|---|
| Square Feet | 1,744 | | Purchase Price | $499,970 | | Initial Market Value | $499,970 | | Downpayment | $149,991 | | Closing Costs | $8,499 | | Approximate Cash Invested | $158,490 |
| Income & Expenses | Monthly | Annual |
|---|
| Projected Rent | $2,900 | $34,800 | | Vacancy Losses | $232 | $2,784 | | Operating Income | $2,668 | $32,016 | | Operating Expenses | $534 | $6,404 |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $2,134 | $25,612 | | - Mortgage Payments | $1,877 | $22,519 | | = Cash Flow | $258 | $3,093 | | + Principal Reduction | $431 | $5,173 | | + First-Year Appreciation | $2,500 | $29,998 | | = Gross Equity Income | $3,189 | $38,264 |
| | Financial Indicators | |
|---|
| Capitalization Rate | 5.1% | | Cash on Cash Return | 2% | | Return on Investment | 24% |
| Assumptions | |
|---|
| Projected Appreciation Rate | 6% | | Vacancy Rate | 8% | | Management Fee | 48% |
| Comments |
|---|
| Builder offering 4.99 rate and 2% towards closing cost, subject to change. Washer, dryer, fridge included. Cable included. Other incentives may apply. Not exact rendering. |
*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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