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PROPERTY INFO
FACTS
- Single Family
- Built In 2004
- Price/Sqft : $198.59
- 3 Days on Market
- MLS # : 6181361
- Updated Date : 01/17/2021 at 00:25
CONSTRUCTION
- Beds : 3
- Floor Size : 1,838 sqft
- Baths : 2 full , 1 half
Listing Agent
Bliss Realty & Investments
Listing Agent's Description
One of the best lots in Gold Canyon! Enjoy nature and mountain views all around this great home in the beautiful Peralta Trails. You enter through the gated courtyard with gas fireplace and onto the foyer that starts out this wonderfully split floorplan. With a spacious living room, very open kitchen with eat in nook plus proper dining area. This well loved 3 bedroom plus 2 1/2 bath home has a floorpan with so many possibilities. Large owners suite with generous bath and huge walk-in closet, plus a guest suite with an adjacent bath. There is a third bedroom/office/flex space with a connected 1/2 bath. In addition you will find a second living area that looks into the courtyard and could be used in many different ways. Views from almost every window of this home! *Being sold fully furnished
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PRICE & RENT TRENDS
Zip Code: 85118
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 85118
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $1,550 |
EXPENSES | Loan Payment | -$1,268 |
Property Tax | -$285 | |
Property Insurance | -$63 | |
HOA | -$55 | |
Property Management Fees | -$99 | |
CASH FLOW
-$220
|
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.
$365,000
PROJECTED PRICE
$1,550
PROJECTED RENT
0.42%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 3.17% |
Appreciation Year (1-5) | 4.7% |
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
$102,475
LOAN DETAILS
$1,268
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 3.75% |
Down Payment | $91,250 |
Loan Amount | $273,750 |
2.17
YEARS SAVED
$5,271
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,550
LIST RENT -
$0.84
LIST RENT PER SQFT
-
$1,668
COMP ESTIMATED VALUE -
$0.91
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Bliss Realty & Investments
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6181361
Last Updated: 01/17/2021

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.