436 S Chatsworth
Mesa, AZ 85208
List Price
$369,900
Initial Investment
$99,435Purchase Price
$364,900
Down Payment
25%
Rent
$2,000
Total Return
$273,177
Annualized Return
28.9%
Cap Rate
4.2%
Gross Yield
6.6%
Cash Flow
-$5,308
Appreciation
13.0%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
10/01/2021
Lease End
01/31/2023
Lot Size
5,500
HOA
$18/mo
Flood Risk
Not Required
- Same tenants since November 2009, they would like to continue to rent the property beyond the current lease
- Located in desirable Parkwood Ranch Community
- Just minutes from Superstition Fwy and Loop 202 for easy commute
- Well maintained property, with new dishwasher in Aug 2021 and new water heater and sun screens in 2016
- Garage door opener replaced Dec 2021
- HOA quarterly fee will increase to $165 as of January 1, 2022
See more in Analysis
Annual Financial Highlights
Expected Rent
$22,800Expenses
-$5,770Property Taxes
-$2,500Loan Payments
-$19,838Net Cash Flow
-$5,308See more in Financials
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