Co-Living Property
Mesa, AZ 85201
8 bedrooms 3 bathrooms 1972 year built 2025 year remodeled
15% Down Financing Available!
| General Information | |
|---|
| Square Feet | 2,021 | | Purchase Price | $545,000 | | Initial Market Value | $545,000 | | Downpayment | $81,750 | | Closing Costs | $29,430 | | Approximate Cash Invested | $111,180 |
| Income & Expenses | Monthly | Annual |
|---|
| Projected Rent | $7,250 | $87,000 | | Vacancy Losses | $580 | $6,960 | | Operating Income | $6,670 | $80,040 | | Operating Expenses | $2,394 | $28,722 |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $4,276 | $51,318 | | - Mortgage Payments | $3,082 | $36,984 | | = Cash Flow | $1,194 | $14,333 | | + Principal Reduction | $392 | $4,706 | | + First-Year Appreciation | $2,725 | $32,700 | | = Gross Equity Income | $4,312 | $51,739 |
| | Financial Indicators | |
|---|
| Capitalization Rate | 9.4% | | Cash on Cash Return | 13% | | Return on Investment | 47% |
| Assumptions | |
|---|
| Projected Appreciation Rate | 6% | | Vacancy Rate | 8% | | Management Fee | 16% |
| 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.
|
