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IN ESCROW
High Cash Flow Property
Mesa, AZ 85203
9bd • 4ba • Built: 1969 • Remodeled: 2026
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.
Mesa, AZ 85203
9bd • 4ba • Built: 1969 • Remodeled: 2026
| Projected Income | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Projected Rent | $104,400 | $107,532 | $110,758 | $114,081 | $117,503 | $121,028 | $124,659 | $128,399 | $132,251 | $136,218 |
| Vacancy Losses | ($8,352) | ($8,603) | ($8,861) | ($9,126) | ($9,400) | ($9,682) | ($9,973) | ($10,272) | ($10,580) | ($10,897) |
| Operating Income | $96,048 | $98,929 | $101,897 | $104,954 | $108,103 | $111,346 | $114,686 | $118,127 | $121,671 | $125,321 |
| Estimated Expenses | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Property Taxes | ($1,708) | ($1,759) | ($1,812) | ($1,866) | ($1,922) | ($1,980) | ($2,039) | ($2,101) | ($2,164) | ($2,229) |
| Insurance | ($1,647) | ($1,696) | ($1,747) | ($1,800) | ($1,854) | ($1,909) | ($1,967) | ($2,026) | ($2,086) | ($2,149) |
| Management Fees | ($15,368) | ($15,829) | ($16,304) | ($16,793) | ($17,296) | ($17,815) | ($18,350) | ($18,900) | ($19,467) | ($20,051) |
| Leasing/Advertising Fees | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Association Fees | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Maintenance | ($3,132) | ($3,226) | ($3,323) | ($3,422) | ($3,525) | ($3,631) | ($3,740) | ($3,852) | ($3,968) | ($4,087) |
| Other | ($26,304) | ($27,093) | ($27,906) | ($28,743) | ($29,605) | ($30,494) | ($31,408) | ($32,351) | ($33,321) | ($34,321) |
| Operating Expenses | ($48,159) | ($49,603) | ($51,092) | ($52,624) | ($54,203) | ($55,829) | ($57,504) | ($59,229) | ($61,006) | ($62,836) |
| Income Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Operating Income | $47,889 | $49,326 | $50,806 | $52,330 | $53,900 | $55,517 | $57,182 | $58,898 | $60,665 | $62,485 |
| - Mortgage Payments | ($32,915) | ($32,915) | ($32,915) | ($32,915) | ($32,915) | ($32,915) | ($32,915) | ($32,915) | ($32,915) | ($32,915) |
| = Cash Flow | $14,974 | $16,411 | $17,890 | $19,415 | $20,985 | $22,602 | $24,267 | $25,983 | $27,749 | $29,569 |
| + Principal Reduction | $5,618 | $5,965 | $6,333 | $6,723 | $7,138 | $7,578 | $8,045 | $8,542 | $9,068 | $9,628 |
| + Appreciation | $36,600 | $38,796 | $41,124 | $43,591 | $46,207 | $48,979 | $51,918 | $55,033 | $58,335 | $61,835 |
| = Gross Equity Income | $57,192 | $61,171 | $65,347 | $69,729 | $74,329 | $79,159 | $84,230 | $89,557 | $95,153 | $101,032 |
| Capitalization Rate | 7.4% | 7.2% | 7.0% | 6.8% | 6.6% | 6.4% | 6.2% | 6.1% | 5.9% | 5.7% |
| Cash on Cash Return | 8.8% | 9.6% | 10.5% | 11.4% | 12.3% | 13.2% | 14.2% | 15.2% | 16.2% | 17.3% |
| Return on Equity | 29.4% | 25.5% | 22.8% | 20.7% | 19.0% | 17.7% | 16.6% | 15.7% | 14.9% | 14.2% |
| Loan Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Market Value | $646,600 | $685,396 | $726,520 | $770,111 | $816,318 | $865,297 | $917,214 | $972,247 | $1,030,582 | $1,092,417 |
| - Loan Balance | ($451,882) | ($445,917) | ($439,585) | ($432,862) | ($425,724) | ($418,146) | ($410,101) | ($401,559) | ($392,491) | ($382,863) |
| = Equity | $194,718 | $239,479 | $286,935 | $337,249 | $390,594 | $447,151 | $507,114 | $570,688 | $638,092 | $709,554 |
| Loan-to-Value Ratio | 69.9% | 65.1% | 60.5% | 56.2% | 52.2% | 48.3% | 44.7% | 41.3% | 38.1% | 35.0% |
| Potential Cash-Out Refi | $130,058 | $170,939 | $214,283 | $260,238 | $308,962 | $360,621 | $415,392 | $473,464 | $535,033 | $600,313 |
| Sale Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity | $194,718 | $239,479 | $286,935 | $337,249 | $390,594 | $447,151 | $507,114 | $570,688 | $638,092 | $709,554 |
| - Closing Costs | ($45,262) | ($47,978) | ($50,856) | ($53,908) | ($57,142) | ($60,571) | ($64,205) | ($68,057) | ($72,141) | ($76,469) |
| = Proceeds After Sale | $149,456 | $191,501 | $236,079 | $283,341 | $333,451 | $386,580 | $442,909 | $502,631 | $565,951 | $633,085 |
| + Cumulative Cash Flow | $14,974 | $31,385 | $49,275 | $68,690 | $89,675 | $112,276 | $136,543 | $162,526 | $190,275 | $219,845 |
| - Approximate Cash Invested | ($170,800) | ($170,800) | ($170,800) | ($170,800) | ($170,800) | ($170,800) | ($170,800) | ($170,800) | ($170,800) | ($170,800) |
| = Net Profit | ($6,370) | $52,086 | $114,554 | $181,231 | $252,326 | $328,056 | $408,652 | $494,357 | $585,426 | $682,130 |
| Internal Rate of Return | -3.7% | 14.8% | 20.0% | 21.8% | 22.4% | 22.4% | 22.2% | 21.9% | 21.6% | 21.3% |
| Return on Investment | -3.7% | 30.5% | 67.1% | 106.1% | 147.7% | 192.1% | 239.3% | 289.4% | 342.8% | 399.4% |
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