New Construction
Mesa, AZ 85212
3 bedrooms 2 bathrooms 2025 year built
Nice Community!
| General Information | |
|---|
| Square Feet | 1,738 | | Purchase Price | $511,690 | | Initial Market Value | $511,690 | | Downpayment | $153,507 | | Closing Costs | $8,699 | | Approximate Cash Invested | $162,206 |
| Income & Expenses | Monthly | Annual |
|---|
| Projected Rent | $2,900 | $34,800 | | Vacancy Losses | $232 | $2,784 | | Operating Income | $2,668 | $32,016 | | Operating Expenses | $541 | $6,493 |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $2,127 | $25,523 | | - Mortgage Payments | $2,235 | $26,815 | | = Cash Flow | ($108) | ($1,292) | | + Principal Reduction | $342 | $4,099 | | + First-Year Appreciation | $2,558 | $30,701 | | = Gross Equity Income | $2,792 | $33,509 |
| | Financial Indicators | |
|---|
| Capitalization Rate | 5.0% | | Cash on Cash Return | -1% | | Return on Investment | 21% |
| Assumptions | |
|---|
| Projected Appreciation Rate | 6% | | Vacancy Rate | 8% | | Management Fee | 48% |
| Comments |
|---|
| Washer, dryer, fridge included. Cable included. Other incentives may apply. Not exact rendering. Rent Range 2600-2900/mo. |
*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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