Co-Living Property
Tempe, AZ 85282
8 bedrooms 3 bathrooms 1977 year built 2025 year remodeled
8 bdrm/ 3 bath - Renovated 2025
General Information
Square Feet1,700
Purchase Price$555,000
Initial Market Value$555,000
Downpayment$138,750
Closing Costs$16,303
Approximate Cash Invested$155,053
Income & ExpensesMonthlyAnnual
Projected Rent$7,450$89,400
Vacancy Losses$596$7,152
Operating Income$6,854$82,248
Operating Expenses$2,435$29,216
Net PerformanceMonthlyAnnual
Net Operating Income$4,419$53,032
- Mortgage Payments$2,597$31,162
= Cash Flow$1,823$21,870
+ Principal Reduction$397$4,764
+ First-Year Appreciation$2,775$33,300
= Gross Equity Income$4,994$59,934
Financial Indicators
Capitalization Rate9.6%
Cash on Cash Return14%
Return on Investment39%
Assumptions
Projected Appreciation Rate6%
Vacancy Rate8%
Management Fee16%
Comments
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.
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.