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PROPERTY INFO
FACTS
- Single Family
- Built In 1995
- Price/Sqft : $220.75
- 6 Days on Market
- MLS # : 6175398
- Updated Date : 12/31/2020 at 15:05
CONSTRUCTION
- Beds : 4
- Floor Size : 2,106 sqft
- Baths : 3 full
Listing Agent
West Usa Realty
Listing Agent's Description
BEST PROPERTY LOT LOCATION IN THE AREA.. LOCATED AT END OF CUL DE SAC WITH A PARK ON WEST SIDE THAT WRAPS AROUND TO THE REAR OF THE PROPERTY ONLY ONE ADJACENT NEIGHBOR, EXTREMELY PRIVATE, QUIET LOCATION. WELL MAINTAINED HOME IN MOVE-IN CONDITION, ENTER THE HOME INTO SPACIOUS FOYER FACING THE STAIRCASE TO THE UPSTAIRS AND AS YOU FOLLOW ALONG YOU PASS THE FORMAL LIV/DINING ROOM THAT LEADS TO LARGE OPEN EATIN COUNTRY KITCHEN, PATO DOORS LEAD OUT TO A LARGE REAR YARD DESIGNED FOR ENTERTAINING AND RELAXATION, THE COVERED PATIO LOOKS OUT TO A BEEHIVE FIREPLACE AND A SPARKLING PLAY POOL THERE IS A SMALL GRASS AREA FOR THE PETS.. roof replaced 2016 with warranty
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PRICE & RENT TRENDS
Neighborhood: Kaufman and Broad at Cooper Ranch
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Kaufman and Broad at Cooper Ranch
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,080 |
| EXPENSES | Loan Payment | -$1,715 |
| Property Tax | -$273 | |
| Property Insurance | -$68 | |
| HOA | -$40 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$116
|
||
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.
$464,900
PROJECTED PRICE
$2,080
PROJECTED RENT
0.45%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.17% |
| Appreciation Year (1-5) | 6.8% |
| 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
$128,949
LOAN DETAILS
$1,715
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $116,225 |
| Loan Amount | $348,675 |
4.25
YEARS SAVED
$21,939
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
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$0
LIST RENT -
$0
LIST RENT PER SQFT
-
$2,090
COMP ESTIMATED VALUE -
$0.99
COMP AVG. RENT PER SQFT
Comps Range
-
1047 W Juanita Avenue Gilbert, AZ 1
- 4 beds 3 baths ∙ 2,106 Sqft ∙ Built 1995 4 beds 3 baths ∙ 2,106 Sqft ∙ Built 1995
- Rent
- Rent Per SQFT
- $0
- $0.00
-
1114 N Whipple Court Gilbert, AZ 2
- 4 beds 3 baths ∙ 2,106 Sqft ∙ Built 1995 4 beds 3 baths ∙ 2,106 Sqft ∙ Built 1995
LEASED 05/01/20- Rent
- Rent Per SQFT
- $2,100
- $1.00
-
908 W Juanita Avenue Gilbert, AZ 3
- 4 beds 3 baths ∙ 2,426 Sqft ∙ Built 1994 4 beds 3 baths ∙ 2,426 Sqft ∙ Built 1994
LEASED 08/10/19- Rent
- Rent Per SQFT
- $2,250
- $0.93
-
1107 N Eldon Court Gilbert, AZ 4
- 5 beds 3 baths ∙ 2,453 Sqft ∙ Built 1994 5 beds 3 baths ∙ 2,453 Sqft ∙ Built 1994
LEASED 09/08/20- Rent
- Rent Per SQFT
- $2,295
- $0.94
-
913 W Juanita Avenue Gilbert, AZ 5
- 4 beds 3 baths ∙ 2,232 Sqft ∙ Built 1994 4 beds 3 baths ∙ 2,232 Sqft ∙ Built 1994
LEASED 10/24/20- Rent
- Rent Per SQFT
- $2,450
- $1.10
PROPERTY LISTING DETAILS
West Usa Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6175398
Last Updated: 12/31/2020
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.
