Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Copied
Floor Plan
Copied
Floor Plan
Photo
Photo
Photo
See all photos

$520,000

For Sale - Active
2061 S Rogers, Mesa, AZ 85202
4 Beds
4 Baths
2,422 Square Feet
0.23 Acres Lot
Built in 1979
For Sale - Active
Units n/a
Checked: 17 hours ago
Updated: Sep 30, 2025 at 10:18AM

Investment Summary


Monthly Cash Flow
-$869
Cap Rate
3.7%
Cash-on-Cash Return
-8.7%
Debt Coverage Ratio
0.65
Internal Rate of Return (5 years)
-4.5%

Property Description


0.23 Acres Lot
Built in 1979
For Sale - Active
Units n/a

Opportunity in Dobson Ranch! Vacant and ready for your vision, this 4 bed, 3.5 bath home (over 2400 sqft) is sold AS-IS with 3% concessions for repairs plus priced-in consideration for mold remediation (Hall bathroom vanity), roof updates and/or plumbing updates. Want to do the repairs yourself? Seller will also take $504,400 as the asking price AS-IS, but concessions would not apply at that price. Features include abundant natural light, sliding glass doors, 1 skylight, 2 sun tunnels, and two versatile bonus rooms—one off the kitchen, one off the primary suite. Includes an oversized front bedroom with private entrance is perfect for guests, office, or studio. Inspection reports available in documents tab from September 12, 2025.

Build Your Team


Quickly find investor-friendly professionals who can help you succeed in real estate investing at any stage of the investing journey.

Avatar
Avatar
Avatar

Agents

Match with investor-friendly agents who can help you find, analyze, and close your next deal

Find an Agent
Avatar
Avatar
Avatar

Lenders

Get the best funding…find investor-friendly lenders who specialize in your deal strategy

Find a Lender
Avatar
Avatar
Avatar

Property Managers

Transition to passive investing. Find a trusted property management partnership that lasts.

Find a Property Manager
Avatar
Avatar
Avatar

Tax Pros & Accountants

Taxes and financial reporting made easy—find experts to create tax savings strategies, file taxes, and more

Find a Tax Pro

Location


Property Details


Parking

  • Description: Covered, Garage
  • Details: Garage Door Opener
  • Garage Spaces: 2
  • Spaces Total: 4

Bedroom Information

  • # of Bedrooms: 4

Bathroom Information

  • # of Baths (Total): 4.0

Interior Features

  • # of Rooms: 7
  • # of Stories: 1
  • Fireplace: Yes

Exterior Features

  • Exterior Walls Materials: Block
  • Roof Material: Composition

HOA

  • Has HOA: Yes
  • Association: The Dobson Assoc.
  • HOA Fee: $167/quarterly

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: 30507588
  • Lot Size: 10028 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Ranch
  • Year Built: 1979

Tax Information

  • Annual Tax: $1,746

Utilities

  • Water & Sewer: Public
  • Heating: Electric
  • Cooling: Central Air

Location

  • County: Maricopa

Listing Details


Listed by:
Corinn Moreno
ProSmart Realty
(480) 630-9575

Source:
Arizona Regional Multiple Listing Service (ARMLS)
MLS#: 6899345
Arizona Regional Multiple Listing Service (ARMLS)

Investment Summary


Monthly Cash Flow
-$869
Cap Rate
3.7%
Cash-on-Cash Return
-8.7%
Debt Coverage Ratio
0.65
Internal Rate of Return (5 years)
-4.5%

Purchase Details

Find an Agent

Purchase price:
$520,000
Amount financed:
-$416,000
Down payment:
$104,000
Closing costs:
$15,600
Rehab costs:
$0
Initial cash invested:
$119,600
Square feet:
2,422
Cost per square foot:
$215
Monthly rent per square foot:
$1.07

Financing Details

Find a Lender

Loan amount:
$416,000
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
5.875%
Principal & interest:
$2,461
Property tax:
$146
Insurance:
$182
Private mortgage insurance (PMI):
$0
Monthly payment:
$2,789

Operating Income

Find a Property Manager

% Rent Monthly Yearly
Gross rent:
$2,600 $31,200
Vacancy loss: (6%)
6% -$156 -$1,872
Operating income:
$2,444 $29,328

Operating Expenses


% Rent Monthly Yearly
Property taxes: (6%)
6%-$146-$1,746
Insurance: (7%)
7%-$182-$2,184
Property management: (8%)
8%-$208-$2,496
Repairs & maintenance: (5%)
5%-$130-$1,560
Capital expenditures: (5%)
5%-$130-$1,560
HOA fees: (2%)
2%-$56-$672
Total operating expenses: (33%)
33%-$852-$10,218

Cash Flow


Monthly Yearly
Net operating income:
$1,592 $19,104
Mortgage payments:
-$2,461 -$29,532
Cash flow:
-$869 -$10,428