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INVESTimate
$195,000
List Price
$57,425
REQUEST INFO
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PROPERTY INFO
FACTS
- Built In 1959
- Price/Sqft : $185.71
- 2 Days on Market
- MLS # : 6122507
- Updated Date : 08/25/2020 at 18:15
CONSTRUCTION
- Beds : 2
- Floor Size : 1,050 sqft
- Baths : 1 full
Listing Agent
Century 21 Northwest
Listing Agent's Description
Very charming 2bed/1bath single story home in the heart of Youngtown. Great curb appeal with beautiful mature shade trees. A cozy front porch leads you into a beautifully painted interior featuring tile flooring and exposed brick wall features. Country style eat in kitchen boasts ivory cabinets and tile backsplash. Good sized bedrooms and a vibrant bathroom with turquoise tile. Giant lot with with a fully finished and insulated work room/casita in back. Tons of potential ready for all your ideas. Great location, close to golf, parks, freeways and so much more. Do not miss out on this one. Schedule your showing today!
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PRICE & RENT TRENDS
Neighborhood: Youngtown
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Youngtown
* 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 | $1,030 |
EXPENSES | Loan Payment | -$719 |
Property Tax | -$113 | |
Property Insurance | -$48 | |
Property Management Fees | -$99 | |
CASH FLOW
$51
|
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.
$195,000
PROJECTED PRICE
$1,030
PROJECTED RENT
0.53%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 3.32% |
Appreciation Year (1-5) | 13.33% |
Maintenance Year (1-5) | 8.00% |
Vacancy | 6.56% |
Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$57,425
LOAN DETAILS
$719
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $48,750 |
Loan Amount | $146,250 |
7.08
YEARS SAVED
$19,313
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
-
$916
COMP ESTIMATED VALUE -
$0.87
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Century 21 Northwest
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6122507
Last Updated: 08/25/2020

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.