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PROPERTY INFO
FACTS
- Single Family
- Built In 1957
- Price/Sqft : $166.82
- 8 Days on Market
- MLS # : 6170929
- Updated Date : 12/13/2020 at 07:56
CONSTRUCTION
- Beds : 3
- Floor Size : 1,558 sqft
- Baths : 2 full
Listing Agent
Homesmart
Listing Agent's Description
Beautifully renovated home offering brand new everything!!Aqua guard flooring throughout all living areas, luxurious carpet in the bedrooms, bright white kitchen with a stainless steel appliance package. Permitted bathroom and bedroom added November 2020. The property is priced to sell so come on over quick quick
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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
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,160 |
| EXPENSES | Loan Payment | -$959 |
| Property Tax | -$147 | |
| Property Insurance | -$58 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$103
|
||
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.
$259,900
PROJECTED PRICE
$1,160
PROJECTED RENT
0.45%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.32% |
| Appreciation Year (1-5) | 13.3% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.56% |
| 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
$74,624
LOAN DETAILS
$959
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $64,975 |
| Loan Amount | $194,925 |
3.67
YEARS SAVED
$10,312
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
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$0
LIST RENT -
$0
LIST RENT PER SQFT
-
$1,223
COMP ESTIMATED VALUE -
$0.79
COMP AVG. RENT PER SQFT
Comps Range
-
11444 N 114th Avenue Youngtown, AZ 1
- 3 beds 2 baths ∙ 1,558 Sqft ∙ Built 1957 3 beds 2 baths ∙ 1,558 Sqft ∙ Built 1957
![property image]()
- Rent
- Rent Per SQFT
- $0
- $0.00
-
11388 N 111th Avenue Youngtown, AZ 2
- 3 beds 2 baths ∙ 1,569 Sqft ∙ Built 1958 3 beds 2 baths ∙ 1,569 Sqft ∙ Built 1958
![property image]()
LEASED 01/20/20- Rent
- Rent Per SQFT
- $1,195
- $0.76
-
10825 W Canterbury Drive Sun City, AZ 3
- 3 beds 2 baths ∙ 1,518 Sqft ∙ Built 1961 3 beds 2 baths ∙ 1,518 Sqft ∙ Built 1961
![property image]()
LEASED 01/04/20- Rent
- Rent Per SQFT
- $1,200
- $0.79
-
12076 N Pebble Beach Drive Sun City, AZ 4
- 3 beds 2 baths ∙ 1,485 Sqft ∙ Built 1960 3 beds 2 baths ∙ 1,485 Sqft ∙ Built 1960
![property image]()
LEASED 07/10/20- Rent
- Rent Per SQFT
- $1,200
- $0.81
-
11007 N Madison Drive Sun City, AZ 5
- 3 beds 2 baths ∙ 1,574 Sqft ∙ Built 1962 3 beds 2 baths ∙ 1,574 Sqft ∙ Built 1962
![property image]()
LEASED 07/13/20- Rent
- Rent Per SQFT
- $1,221
- $0.78
PROPERTY LISTING DETAILS
Homesmart
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6170929
Last Updated: 12/13/2020
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.
