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INVESTimate
$429,900
List Price
$119,674
REQUEST INFO
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PROPERTY INFO
FACTS
- Built In 2001
- Price/Sqft : $180.78
- 3 Days on Market
- MLS # : 6121865
- Updated Date : 08/24/2020 at 12:03
CONSTRUCTION
- Beds : 4
- Floor Size : 2,378 sqft
- Baths : 2 full
Listing Agent
Perfect Choice Real Estate
Listing Agent's Description
Come and see this lovely one owner home in a great neighborhood. Fresh exterior & interior paint. Popular split floor plan with large kitchen open to family room. Pride of ownership shows in this special home. N/S exposure with no neighbors to the east on a large premium cul-de-sac lot. Huge extended kitchen island with extended cabinets, granite counters and updated backsplashes. Roll out shelving in kitchen with breakfast bar and still room for a table in the kitchen. Gas heat and gas water heater. Dual A/C units, ceiling fans in all bedrooms and on the back patio. Non smoker owned. Master bedroom w/huge walk in closet with a large separate tub and shower. Auto cleaning system Pebble Tec play pool with pool filter system replaced in 2017. Extra added ceiling insulation. Don't miss out!
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PRICE & RENT TRENDS
Neighborhood: Crismon Creek
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Crismon Creek
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $1,910 |
EXPENSES | Loan Payment | -$1,586 |
Property Tax | -$223 | |
Property Insurance | -$74 | |
HOA | -$45 | |
Property Management Fees | -$99 | |
CASH FLOW
-$117
|
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.
$429,900
PROJECTED PRICE
$1,910
PROJECTED RENT
0.44%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 3.35% |
Appreciation Year (1-5) | 5.43% |
Maintenance Year (1-5) | 8.00% |
Vacancy | 6.24% |
Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$119,674
LOAN DETAILS
$1,586
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $107,475 |
Loan Amount | $322,425 |
4.33
YEARS SAVED
$21,421
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,910
LIST RENT -
$0.8
LIST RENT PER SQFT
-
$2,105
COMP ESTIMATED VALUE -
$0.89
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Perfect Choice Real Estate
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6121865
Last Updated: 08/24/2020

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.