🏡 🔥 Hot Deal: Mesa, AZ 85202 🔥 🏡

Why This Property is a Great Investment:

💎 Prime Fix-and-Flip Opportunity:

This property in Mesa, AZ, offers a fantastic fix-and-flip opportunity in a desirable neighborhood. With an $85K renovation budget, targeted upgrades such as modernizing the kitchen, updating bathrooms, improving flooring, and enhancing curb appeal could significantly increase its market value. The property features a spacious layout, a pool, and a sizable lot, making it a standout option in the competitive Mesa market.

💰 Price: $469K
🔨 Renovation Budget: $85K
🏠 Property Type: Single Family
📐 Square Feet: 2,243
🛁 Baths: 3
📅 Year Built: 1977
🏞️ Lot Size: 0.38 acres
🏊 Pool: Yes
🚗 Garage: Yes

📊 Valuations (Post-Renovation):
💰 Estimated After Repair Value (ARV): $670K-750K+
📈 Market Value: $613,300

🏗️ Construction & Materials:
🏠 Condition: Average (pre-renovation)
🎨 Exterior: Stucco
🔥 Heating: Forced Air Unit
❄️ Cooling: Refrigeration
🏠 Roof: Built Up

📜 Legal & Parcel Info:
🏡 Subdivision: Ponderosa Mesa Unit 3
📜 Zoning: R-6
📋 Legal Description: Ponderosa Mesa Unit 3 Per Mcr 173 26
🔢 Parcel Number: XXX-26-151

🔙 History:
💵 Property Taxes: $2,008.98 (Annual)

💰 High Cash Flow Strategies:

With an estimated PITI of approximately $2,800, here are different strategies to maximize cash flow after completing $85K in renovations:

1. 🏆 Luxury Long-Term Rental:

Given the high-end renovations, the property can be positioned as a luxury rental, attracting professionals and families looking for a premium living experience.

💸 Estimated Monthly Rent: $4,500
📈 Net Monthly Cash Flow: $1,700
💲 Annual Revenue: $54,000

Pros: Stable income, less turnover, high demand for well-renovated properties in Mesa.
Cons: Slightly higher vacancy risk in the luxury market, but balanced by the area's strong demand.

2. 💼 Executive Rental:

Targeting corporate clients or short-term professionals, this strategy offers furnished, all-inclusive living with premium pricing.

💸 Estimated Monthly Rent: $5,000
📈 Net Monthly Cash Flow: $2,200
💲 Annual Revenue: $60,000

Pros: High cash flow, low vacancy with corporate leases, flexible lease terms.
Cons: Requires more upfront investment in furnishings, but offset by higher rent.

3. 👨‍👩‍👧‍👦 Multi-Tenant Leasing:

By renting out rooms individually, you can significantly increase the property’s overall rental income.

💸 Estimated Room Rent: $1,200 per room (4 rooms)
💵 Total Monthly Rent: $4,800
📈 Net Monthly Cash Flow: $2,000
💲 Annual Revenue: $57,600

Pros: Higher cash flow, diverse tenant base, easier to fill vacancies.
Cons: Requires more management, but mitigated by high demand in Mesa.

📍 Nearby Attractions and Amenities:

🏥 Hospitals:

• Banner Desert Medical Center: Just 10 minutes away, providing top-tier healthcare services.
• Mountain Vista Medical Center: 15 minutes away, offering comprehensive medical care.

🎓 Colleges:

• Mesa Community College: A 5-minute drive, great for attracting long-term tenants.
• Arizona State University (ASU) - Tempe Campus: About 20 minutes away, one of the largest universities in the U.S., offering a steady pool of potential renters.

🛍️ Shopping & Dining:

• Mesa Riverview: A nearby shopping center with a wide array of stores, dining options, and entertainment.
• Tempe Marketplace: Another popular destination for shopping, dining, and nightlife, just 15 minutes away.

🏞️ Recreational Areas:

• Dobson Ranch Golf Course: Only a few minutes away, perfect for golf enthusiasts.
• Riverview Park: A well-maintained park with playgrounds, fishing lakes, and walking trails.

💼 Conclusion:

This property in Mesa is an excellent candidate for a fix-and-flip or a strategic high cash flow hold. With the planned $85K in renovations, investors can choose from multiple strategies that not only cover the PITI of $2,800 but also generate significant positive cash flow. Whether you’re looking to flip quickly for profit or hold for consistent returns, this home presents a unique opportunity in a prime location.

📞 Contact:
Jervon Thompson
Managing Member
JNA Dynamic Holdings LLC
📱 Phone: 469-949-3363