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 1998
- Price/Sqft : $288.88
- 5 Days on Market
- MLS # : 6171547
- Updated Date : 12/18/2020 at 17:44
CONSTRUCTION
- Beds : 4
- Floor Size : 2,347 sqft
- Baths : 3 full
Listing Agent
United Brokers Group
Listing Agent's Description
Beautiful Custom Home with a Separate Casita on 2.5 Acres w/ Amazing Views of the Superstition Mountains! The Home has 4 Beds, 3 Baths, & 3 Car Garage. The Casita features a Great Room & 1 Bath, RV Garage & 2 Car Garage/Workshop. Very Private Lot w/ Shared Well, No HOA....So bring the Toys, Horses, and all! Newer A/C, Large Covered Back Patio, the Home has a Great Room Floor Plan, High Ceilings w/ Peeled Logs, Granite in Kitchen, Fireplace , Large Laundry Room, Spacious Master w/ 3 Closets & Separate Exit out to side Patio. You will truly enjoy the Serenity that this Home & Casita has to offer!
SEE MORE
PRICE & RENT TRENDS
Neighborhood: Gold Canyon
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Gold Canyon
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,300 |
| EXPENSES | Loan Payment | -$2,502 |
| Property Tax | -$530 | |
| Property Insurance | -$73 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$904
|
||
This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 15% of earned rent to cover both maintenance and periods of vacancy.
$678,000
PROJECTED PRICE
$2,300
PROJECTED RENT
0.34%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.17% |
| Appreciation Year (1-5) | 3.8% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.60% |
| 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
$185,420
LOAN DETAILS
$2,502
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $169,500 |
| Loan Amount | $508,500 |
0.25
YEARS SAVED
$298
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
-
$2,382
COMP ESTIMATED VALUE -
$1.02
COMP AVG. RENT PER SQFT
Comps Range
-
10263 E Cloudview Avenue Gold Canyon, AZ 1
- 4 beds 3 baths ∙ 2,347 Sqft ∙ Built 1998 4 beds 3 baths ∙ 2,347 Sqft ∙ Built 1998
- Rent
- Rent Per SQFT
- $0
- $0.00
-
4247 S Cordia Court Gold Canyon, AZ 2
- 3 beds 2 baths ∙ 2,218 Sqft ∙ Built 2002 3 beds 2 baths ∙ 2,218 Sqft ∙ Built 2002
LEASED 07/01/20- Rent
- Rent Per SQFT
- $2,200
- $0.99
-
4324 S Primrose Drive Gold Canyon, AZ 3
- 3 beds 2 baths ∙ 2,300 Sqft ∙ Built 2002 3 beds 2 baths ∙ 2,300 Sqft ∙ Built 2002
LEASED 06/01/20- Rent
- Rent Per SQFT
- $2,395
- $1.04
PROPERTY LISTING DETAILS
United Brokers Group
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6171547
Last Updated: 12/18/2020
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.
