1031 E 2nd Ave, Mesa, AZ 85204
A full flip and buy-and-hold analysis of 1031 E 2nd Ave in Mesa, Arizona: after-repair value from 18 Maricopa County recorded sales, rehab budget, flip profit, maximum allowable offer and rental DSCR. Every number traces to a comp, a source or a formula you can check.
Flip numbers
| Purchase price used | $260,000 (the property's own recorded sale on May 6, 2026) |
| Rehab budget | $101,283 ($68/sf) |
| ARV used for offers | $418,000 |
| Flip net profit at that price | -$1,054 (-0.3% of ARV) |
| Max offer, 70% rule | $191,300 |
| Max offer, full cost stack (target profit $41,800) | $219,400 |
Rental / BRRRR numbers
| Rent used | $2,090/mo (15 rental comps) |
| Net operating income | $15,903/yr |
| Refinance loan | $313,500 |
| DSCR (lender style, rent / PITIA) | 0.88 |
| Cash flow after refinance | -$813/mo |
Comparable sales
The 18 sales behind the ARV within within 1.0 mi, 12 months, each with its role in the estimate. Flip comps set the after-repair value; retail and as-is sales give market context.
| Address | Sold | Price | Sq ft | $/sf | Miles | Role |
|---|---|---|---|---|---|---|
| 447 S Spencer | Aug 1, 2026 | $400,100 | 1,401 | $286 | 0.33 | retail sale |
| 1065 E 2nd Ave | Feb 27, 2026 | $370,000 | 1,610 | $230 | 0.04 | retail sale |
| 1132 E Nielson Ave | Mar 5, 2026 | $366,000 | 1,466 | $250 | 0.13 | flip comp (ARV signal) |
| 135 N Stapley Dr | Feb 27, 2026 | $400,000 | 1,514 | $264 | 0.50 | retail sale |
| 1434 E Jarvis Ave | Jun 12, 2026 | $427,000 | 1,596 | $268 | 0.49 | flip comp (ARV signal) |
| 856 E Vine Ave | Jun 18, 2026 | $380,000 | 1,774 | $214 | 0.48 | retail sale |
| 1420 E 2nd Ave | Oct 9, 2025 | $390,000 | 1,365 | $286 | 0.46 | retail sale |
| 1027 E 3rd Ave | Sep 22, 2025 | $465,000 | 1,712 | $272 | 0.19 | retail sale |
| 1136 E Dana Ave | Sep 19, 2025 | $330,000 | 1,268 | $260 | 0.15 | retail sale |
| 126 N Fraser Dr E | Oct 16, 2025 | $469,000 | 1,664 | $282 | 0.49 | retail sale |
The property
| Living area | 1,500 sq ft |
| Year built | 1966 |
| Lot | 7,832 sq ft |
| County | Maricopa County, AZ |
What's in the full report
- Every comp with its screen: distance, size and age band, sale type
- ARV formula and confidence grade with the math behind it
- Line-item rehab budget and draw-based hard-money interest
- Flip P&L, 70%-rule and full cost-stack offers side by side
- Rent comps, NOI, refinance, cash-on-cash and DSCR sizing
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Questions? kmartin@bluelinedata.com
More sample reports
Sample report on a real property, using data as of Aug 26, 2026. Sources: Maricopa County Assessor recorded sales and property records; rent estimate and rental comps from RentCast. Data provided by RentCast.
The purchase price is the property's recorded sale or asking price, used as a hypothetical. Rehab scope, financing and operating costs are example assumptions, so profit, offer and DSCR figures are illustrative. Not an appraisal. Details on the methodology page.
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