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PROPERTY INFO
FACTS
- Single Family
- Built In 2018
- Price/Sqft : $149.70
- 2 Days on Market
- MLS # : 6155054
- Updated Date : 11/28/2020 at 13:35
CONSTRUCTION
- Beds : 3
- Floor Size : 2,662 sqft
- Baths : 3 full
Listing Agent
Redfin Corporation
Listing Agent's Description
A Zanjero Trails Beauty! Clean and fresh and ready for a new owner! Situated in a Cul-de-Sac, large lot ideal for you to put your own signature landscaping ideas to work, RV Gate for backyard access. Kitchen has been upgraded from original with added cabinets, behind stove pot faucet and back splash. Open floor plan with great room, living room and loft. Ideal for working from home! Bedrooms are ample is size. Convenient location to freeway access. Parks nearby! Put this on your must see list - priced to sell quickly!
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PRICE & RENT TRENDS
Neighborhood: Surprise
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Surprise
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $1,650 |
EXPENSES | Loan Payment | -$1,470 |
Property Tax | -$283 | |
Property Insurance | -$79 | |
HOA | -$89 | |
Property Management Fees | -$99 | |
CASH FLOW
-$371
|
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.
$398,500
PROJECTED PRICE
$1,650
PROJECTED RENT
0.41%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 3.35% |
Appreciation Year (1-5) | 8.1% |
Maintenance Year (1-5) | 8.00% |
Vacancy | 6.24% |
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
$111,353
LOAN DETAILS
$1,470
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $99,625 |
Loan Amount | $298,875 |
1.33
YEARS SAVED
$3,043
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
-
$1,910
COMP ESTIMATED VALUE -
$0.72
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Redfin Corporation
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6155054
Last Updated: 11/28/2020

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.