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

1085 E Saddle Way San Tan Valley, AZ 85143

4 Beds 3 Baths 2,561 sqft Built 2005

$399,500

List Price

$1,440

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

November 07, 2020 RECENTLY ADDED
FACTS
  • Built In 2005
  • Price/Sqft : $155.99
  • 3 Days on Market
  • MLS # : 6156939
  • Updated Date : 11/07/2020 at 09:50
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,561 sqft
  • Baths : 3 full
Listing Agent

Living Easy Arizona Real Estate Llc

Listing Agent's Description

This Home IS Pristine! Everything you want in your new home & MORE! This 4 bedroom, 3 bath, w/ LOFT is a must see! Popular Flagstaff Floorplan. Former Builder Model Home. One Bedroom & Bath on main level. Formal Living Room & Dining Room. Open Kitchen Family Room area w/ fireplace. Kitchen boasts upgraded cabinets, granite countertops, backsplash & gas stove. Washer, Gas Dryer & Fridge INCLUDED! Stunning custom drapes, plantation shutters, screen shades, ceiling fans, pocket screen doors ALL convey. Laundry room is upstairs and has cabinets. Spacious storage behind coat closet. 2 exterior balconies (master & loft) and a covered patio. Garage features utility sink & side door! Premium lot w/ view fencing, no homes behind! Open to Green Lush Common Area.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Johnson Ranch

ZipNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260kPrice in $109k271k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Neighborhood: Johnson Ranch

ZipNIR Market*CityMarket2010Year20002019 Q210501100115012001250130013501400145015001550Rent in $10181567

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Walker Butte K-8 School Primary Regular 913 51 4
Walker Butte K-8 School Middle Regular 913 51 4
Poston Butte High School High Regular 1,801 79 4

Walker Butte K-8 School

  • Education Level: Primary
  • # of students: 913
  • # of teachers: 51
4
GreatSchools Rating

Walker Butte K-8 School

  • Education Level: Middle
  • # of students: 913
  • # of teachers: 51
4
GreatSchools Rating

Poston Butte High School

  • Education Level: High
  • # of students: 1,801
  • # of teachers: 79
4
GreatSchools Rating
 

$359,550$439,450$399,500

PURCHASE PRICE

$1,296$1,584$1,440

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,440
EXPENSES Loan Payment -$1,474
Property Tax -$211
Property Insurance -$77
HOA -$22
Property Management Fees -$99
CASH FLOW
-$443

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.

$399,500

PROJECTED PRICE

$1,440

PROJECTED RENT

0.36%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 7.7%
Maintenance Year (1-5) 8.00%
Vacancy 6.24%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M$1.2M

PROJECTED ANNUAL CASH FLOW

11530-$8.0k-$6.0k-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$111,618

INVESTMENT

$111,618

Down Payment
$99,875
Rehab Estimate
$5,750
Closing Costs
$5,993

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$1,474

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $99,875
Loan Amount $299,625
See What Happens When You Reinvest Cash Flow

0.92

YEARS SAVED

$1,712

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $1,440

    LIST RENT
  • $0.56

    LIST RENT PER SQFT
  • $1,441

    COMP ESTIMATED VALUE
  • $0.56

    COMP AVG. RENT PER SQFT
Comps Range
$1,395
1$1,3952$1,4403$1,4754$1,4955$1,495
$1,495
RENT COMPS ANALYSIS
  • 1085 E Saddle Way San Tan Valley, AZ 2
    • 4 beds 3 baths ∙ 2,561 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,561 Sqft ∙ Built 2005
    • Rent
    • Rent Per SQFT
    •  
    • $1,440
    • $0.56
    •  
  • 802 E Canyon Rock Road San Tan Valley, AZ 1
    • 4 beds 3 baths ∙ 2,441 Sqft ∙ Built 2007 4 beds 3 baths ∙ 2,441 Sqft ∙ Built 2007
    LEASED 11/15/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,395
    • $0.57
    •  
  • 28984 N Agave Road San Tan Valley, AZ 3
    • 4 beds 3 baths ∙ 2,677 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,677 Sqft ∙ Built 2005
    LEASED 05/04/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,475
    • $0.55
    •  
  • 1260 E Palomino Way San Tan Valley, AZ 4
    • 4 beds 3 baths ∙ 2,641 Sqft ∙ Built 2016 4 beds 3 baths ∙ 2,641 Sqft ∙ Built 2016
    LEASED 11/12/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $0.57
    •  
  • 1137 E Canyon Trail San Tan Valley, AZ 5
    • 4 beds 3 baths ∙ 2,677 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,677 Sqft ∙ Built 2006
    LEASED 05/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $0.56
    •  
PROPERTY LISTING DETAILS
Ilona Poka
Living Easy Arizona Real Estate Llc
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6156939
Last Updated: 11/07/2020
support@investimateroi.com

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.

BESbswy