Co-Living Property
Mesa, AZ 85203
8 bedrooms 3 bathrooms 1971 year built 2025 year remodeled
8 bdrm/ 3 bath - Renovated 2025
| General Information | |
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| Square Feet | 2,352 | | Purchase Price | $585,000 | | Initial Market Value | $585,000 | | Downpayment | $146,250 | | Closing Costs | $17,184 | | Approximate Cash Invested | $163,434 |
| Income & Expenses | Monthly | Annual |
|---|
| Projected Rent | $7,450 | $89,400 | | Vacancy Losses | $596 | $7,152 | | Operating Income | $6,854 | $82,248 | | Operating Expenses | $2,452 | $29,420 |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $4,402 | $52,828 | | - Mortgage Payments | $2,737 | $32,847 | | = Cash Flow | $1,665 | $19,982 | | + Principal Reduction | $418 | $5,022 | | + First-Year Appreciation | $2,925 | $35,100 | | = Gross Equity Income | $5,009 | $60,103 |
| | Financial Indicators | |
|---|
| Capitalization Rate | 9.0% | | Cash on Cash Return | 12% | | Return on Investment | 37% |
| 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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