1123 E 9th Pl

Mesa, AZ 85203
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5 bd, 2 ba | 1,436 sqft | Built in 1962

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List Price
$222,000

Initial Investment

$60,995

Purchase Price

$222,000

Down Payment

25%

Rent

$1,790

Total Return

$198,023

Annualized Return

34.3%

Cap Rate

6.3%

Gross Yield

9.7%

Cash Flow

$1,148

Appreciation

13.5%
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Features

Occupancy

Occupied

Lease Start

11/01/2016

Lease End

10/31/2018

Lot Size

10,772

HOA

None

Flood Risk

Not Required


MARKETS

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NEIGHBORHOOD

SCHOOLS

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Annual Financial Highlights

Expected Rent

$20,406

Expenses

-$4,689

Property Taxes

-$2,500

Loan Payments

-$12,069

Net Cash Flow

$1,148

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