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 | $280,000 | | Loan Origination Fees | $0 | | Depreciable Closing Costs | $16,800 | | Other Costs and Fixup | $0 | | Approximate Cash Invested | $296,800 | | 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 | ($2,153) | ($25,836) | | = Cash Flow | $2,120 | $25,445 | | + Principal Reduction | $176 | $2,117 | | + Inflation Induced Debt Destruction® (IIDD) - Beta | $700 | $8,400 | | + First-Year Appreciation | $2,800 | $33,600 | | = Gross Equity Income | $5,797 | $69,562 |
| | Mortgage Info | First | Second |
|---|
| Loan-to-Value Ratio | 50% | 0% | | Loan Amount | $280,000 | $0 | | Monthly Payment | $2,152.96 | $0.00 | | Loan Type | Amortizing Fixed | | | Term | 30 Years | | | Interest Rate | 8.500% | 0.000% | | Monthly PMI | $0 | |
| Financial Indicators | |
|---|
| Rent-to-Value Ratio™ (RV Ratio™) | 1.3% | | Debt Coverage Ratio | 1.98 | | Annual Gross Rent Multiplier | 6 | | Capitalization Rate | 9.2% | | Cash on Cash Return | 9% | | Return on Investment | 21% | | Return on Investment with IIDD | 23% | | + 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.
|