TURN KEY CO-LIVING HOME
Mesa, AZ 85204
8bd • 3ba • Built: 1972 • Remodeled: 2026
Renovated and Fully Furnished at Close
| Square Feet | 2,082 | | Initial Market Value | $560,000 | | Purchase Price | $560,000 | | Downpayment | $84,000 | | Loan Origination Fees | $19,040 | | Depreciable Closing Costs | $16,800 | | Other Costs and Fixup | $0 | | Approximate Cash Invested | $119,840 | | Cost per Square Foot | $269 | | Monthly Rent per Square Foot | $3.55 |
| Projected Income | Monthly | Annual |
|---|
| Projected Rent | $7,400 | $88,800 | | Vacancy Losses | ($592) | ($7,104) | | Operating Income | $6,808 | $81,696 |
| Estimated Expenses | Monthly | Annual |
|---|
| Property Taxes | ($140) | ($1,680) | | Insurance | ($135) | ($1,624) | | Management Fees | ($1,089) | ($13,071) | | Leasing/Advertising Fees | $0 | $0 | | Association Fees | $0 | $0 | | Maintenance | ($370) | ($4,440) | | Other (Utilities, Supplies, etc.) | ($800) | ($9,600) | | Operating Expenses | ($2,535) | ($30,415) |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $4,273 | $51,281 | | - Mortgage Payments | ($3,167) | ($38,002) | | = Cash Flow | $1,107 | $13,279 | | + Principal Reduction | $403 | $4,835 | | + Inflation Induced Debt Destruction® (IIDD) - Beta | $1,190 | $14,280 | | + First-Year Appreciation | $2,800 | $33,600 | | = Gross Equity Income | $5,499 | $65,994 |
| | Mortgage Info | First | Second |
|---|
| Loan-to-Value Ratio | 85% | 0% | | Loan Amount | $476,000 | $0 | | Monthly Payment | $3,166.84 | $0.00 | | Loan Type | Amortizing Fixed | | | Term | 30 Years | | | Interest Rate | 7.000% | 0.000% | | Monthly PMI | $0 | |
| Financial Indicators | |
|---|
| Rent-to-Value Ratio™ (RV Ratio™) | 1.3% | | Debt Coverage Ratio | 1.35 | | Annual Gross Rent Multiplier | 6 | | Capitalization Rate | 9.2% | | Cash on Cash Return | 11% | | Return on Investment | 43% | | Return on Investment with IIDD | 55% | | + Tax Benefits: Deductions, Depreciation, 1031 Exchange, etc. |
| Assumptions | |
|---|
| Projected Appreciation Rate | 6% | | Projected Inflation Rate | 3% | | Vacancy Rate | 8% | | Management Fee | 16% | | Maintenance Percentage | 5% |
| Comments |
|---|
| Fully remodel and 100% turnkey Co Living Property. 8 Bed 3 Bath. |
*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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