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1092 E Nickleback Street San Tan Valley, AZ 85143

4 Beds 2 Baths 2,146 sqft Built 2005

$329,900

List Price

$1,430

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

November 12, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2005
  • Price/Sqft : $153.73
  • 4 Days on Market
  • MLS # : 6159521
  • Updated Date : 11/13/2020 at 12:13
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,146 sqft
  • Baths : 2 full
Listing Agent

Paramount Properties Of Arizona Llc

Listing Agent's Description

Welcome to this spacious split floorplan home in the popular community of Johnson Ranch! With 2 living areas, there is plenty of room for your family or for entertaining. The split floorplan is set up nicely with the large master having 2 large walk in closets and is very spacious. It comes with all appliances and even the furnishings (Garage items, tools, luggage racks, golf clubs and personal items do not convey). The large back yard has an extended patio with pavers and a pergola. Plenty of space for a pool if you desire! Exterior painted this year. Laundry has a closet, and the high ceilings in the garage give ample space for more storage.

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
 

$296,910$362,890$329,900

PURCHASE PRICE

$1,287$1,573$1,430

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,430
EXPENSES Loan Payment -$1,217
Property Tax -$174
Property Insurance -$69
HOA -$22
Property Management Fees -$99
CASH FLOW
-$151

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.

$329,900

PROJECTED PRICE

$1,430

PROJECTED RENT

0.43%

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

PROJECTED ANNUAL CASH FLOW

11530-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$93,174

INVESTMENT

$93,174

Down Payment
$82,475
Rehab Estimate
$5,750
Closing Costs
$4,949

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$1,217

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $82,475
Loan Amount $247,425
See What Happens When You Reinvest Cash Flow

3.5

YEARS SAVED

$11,822

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
  • $1,524

    COMP ESTIMATED VALUE
  • $0.71

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,3953$1,5354$1,5955$1,715
$1,715
RENT COMPS ANALYSIS
  • 1092 E Nickleback Street San Tan Valley, AZ 1
    • 4 beds 2 baths ∙ 2,146 Sqft ∙ Built 2005 4 beds 2 baths ∙ 2,146 Sqft ∙ Built 2005
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 239 E Diamond Trail San Tan Valley, AZ 2
    • 4 beds 2 baths ∙ 2,165 Sqft ∙ Built 2005 4 beds 2 baths ∙ 2,165 Sqft ∙ Built 2005
    property image
    LEASED 02/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,395
    • $0.64
    •  
  • 784 E Mule Train Trail San Tan Valley, AZ 3
    • 3 beds 2 baths ∙ 2,151 Sqft ∙ Built 2005 3 beds 2 baths ∙ 2,151 Sqft ∙ Built 2005
    property image
    LEASED 12/07/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,535
    • $0.71
    •  
  • 676 E Dry Creek Road San Tan Valley, AZ 4
    • 4 beds 2 baths ∙ 2,151 Sqft ∙ Built 2005 4 beds 2 baths ∙ 2,151 Sqft ∙ Built 2005
    property image
    LEASED 03/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $0.74
    •  
  • 707 E Blossom Road San Tan Valley, AZ 5
    • 4 beds 3 baths ∙ 2,287 Sqft ∙ Built 2015 4 beds 3 baths ∙ 2,287 Sqft ∙ Built 2015
    property image
    LEASED 12/06/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,715
    • $0.75
    •  
PROPERTY LISTING DETAILS
Elizabeth Amb
Paramount Properties Of Arizona Llc
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6159521
Last Updated: 11/13/2020
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.

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