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 Feet | 1,700 | | Purchase Price | $555,000 | | Initial Market Value | $555,000 | | Downpayment | $138,750 | | Closing Costs | $16,303 | | Approximate Cash Invested | $155,053 |
| Income & Expenses | Monthly | Annual |
|---|
| Projected Rent | $7,450 | $89,400 | | Vacancy Losses | $596 | $7,152 | | Operating Income | $6,854 | $82,248 | | Operating Expenses | $2,435 | $29,216 |
| Net Performance | Monthly | Annual |
|---|
| 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 Rate | 9.6% | | Cash on Cash Return | 14% | | Return on Investment | 39% |
| 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.
| *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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