Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more
REQUEST INFO
SCHEDULE APPOINTMENT
It's free, with no obligation
PROPERTY INFO
FACTS
- Single Family
- Built In 2003
- Price/Sqft : $172.11
- 5 Days on Market
- MLS # : 6173995
- Updated Date : 12/22/2020 at 19:43
CONSTRUCTION
- Beds : 3
- Floor Size : 1,714 sqft
- Baths : 2 full
Listing Agent
Real Property Management Evolve
Listing Agent's Description
Charming 3Bd 2Ba Youngstown home with lovely, flowing floor plan. All new appliances, along with new paint and flooring. Oak Cabinets add a nice touch to this open kitchen/dining combo.Call today, this one will not last long!
SEE MORE
PRICE & RENT TRENDS
Neighborhood: Agua Fria Ranch
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Agua Fria Ranch
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,360 |
| EXPENSES | Loan Payment | -$1,088 |
| Property Tax | -$239 | |
| Property Insurance | -$61 | |
| HOA | -$11 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$138
|
||
This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 14% of earned rent to cover both maintenance and periods of vacancy.
$295,000
PROJECTED PRICE
$1,360
PROJECTED RENT
0.46%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.35% |
| Appreciation Year (1-5) | 9.0% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.24% |
| Length of Stay Years | 2 |
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$83,925
LOAN DETAILS
$1,088
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $73,750 |
| Loan Amount | $221,250 |
3.33
YEARS SAVED
$9,709
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$0
LIST RENT -
$0
LIST RENT PER SQFT
-
$1,393
COMP ESTIMATED VALUE -
$0.81
COMP AVG. RENT PER SQFT
Comps Range
-
10141 N 115th Drive Youngtown, AZ 1
- 3 beds 2 baths ∙ 1,714 Sqft ∙ Built 2003 3 beds 2 baths ∙ 1,714 Sqft ∙ Built 2003
- Rent
- Rent Per SQFT
- $0
- $0.00
-
11594 W Cinnabar Avenue Youngtown, AZ 2
- 3 beds 2 baths ∙ 1,714 Sqft ∙ Built 2004 3 beds 2 baths ∙ 1,714 Sqft ∙ Built 2004
LEASED 02/01/20- Rent
- Rent Per SQFT
- $1,350
- $0.79
-
11607 W Duran Avenue Youngtown, AZ 3
- 3 beds 2 baths ∙ 1,730 Sqft ∙ Built 2005 3 beds 2 baths ∙ 1,730 Sqft ∙ Built 2005
LEASED 04/15/20- Rent
- Rent Per SQFT
- $1,350
- $0.78
-
11615 W Cheryl Drive Youngtown, AZ 4
- 4 beds 2 baths ∙ 1,714 Sqft ∙ Built 2004 4 beds 2 baths ∙ 1,714 Sqft ∙ Built 2004
LEASED 08/16/19- Rent
- Rent Per SQFT
- $1,395
- $0.81
-
11579 W Oglesby Avenue Youngtown, AZ 5
- 3 beds 2 baths ∙ 1,714 Sqft ∙ Built 2003 3 beds 2 baths ∙ 1,714 Sqft ∙ Built 2003
LEASED 08/29/20- Rent
- Rent Per SQFT
- $1,499
- $0.87
PROPERTY LISTING DETAILS
Real Property Management Evolve
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6173995
Last Updated: 12/22/2020
Indicates a property listed by a real estate brokerage other than HomeUnion/Investimate by Mynd. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
