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PROPERTY INFO
FACTS
- Single Family
- Built In 1999
- Price/Sqft : $199.21
- 1 Days on Market
- MLS # : 6173295
- Updated Date : 12/19/2020 at 21:17
CONSTRUCTION
- Beds : 4
- Floor Size : 1,656 sqft
- Baths : 2 full
Listing Agent
Dpr Realty Llc
Listing Agent's Description
Do not miss this nice single level 4bed 2bath 2 car house with private pool on corner lot. Fresh paint, new stainless steel appliance and new carpet. Easy access to every things.
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PRICE & RENT TRENDS
Neighborhood: East Mesa
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: East Mesa
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,400 |
| EXPENSES | Loan Payment | -$1,217 |
| Property Tax | -$171 | |
| Property Insurance | -$59 | |
| HOA | -$58 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$205
|
||
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
$1,400
PROJECTED RENT
0.42%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.35% |
| Appreciation Year (1-5) | 6.5% |
| 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
$93,174
LOAN DETAILS
$1,217
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $82,475 |
| Loan Amount | $247,425 |
2.58
YEARS SAVED
$8,078
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
-
$1,391
COMP ESTIMATED VALUE -
$0.84
COMP AVG. RENT PER SQFT
Comps Range
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1151 S 111th Circle Mesa, AZ 1
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- Rent Per SQFT
- $0
- $0.00
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10816 E Forge Circle Mesa, AZ 2
- 4 beds 2 baths ∙ 1,717 Sqft ∙ Built 1999 4 beds 2 baths ∙ 1,717 Sqft ∙ Built 1999
LEASED 11/15/19- Rent
- Rent Per SQFT
- $1,400
- $0.82
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10630 E Bramble Avenue Mesa, AZ 3
- 3 beds 2 baths ∙ 1,717 Sqft ∙ Built 1998 3 beds 2 baths ∙ 1,717 Sqft ∙ Built 1998
LEASED 11/29/19- Rent
- Rent Per SQFT
- $1,490
- $0.87
-
10653 E Florian Avenue Mesa, AZ 4
- 4 beds 2 baths ∙ 1,746 Sqft ∙ Built 1998 4 beds 2 baths ∙ 1,746 Sqft ∙ Built 1998
LEASED 08/22/19- Rent
- Rent Per SQFT
- $1,495
- $0.86
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11026 E Dragoon Avenue Mesa, AZ 5
- 4 beds 2 baths ∙ 1,911 Sqft ∙ Built 1999 4 beds 2 baths ∙ 1,911 Sqft ∙ Built 1999
LEASED 08/29/19- Rent
- Rent Per SQFT
- $1,550
- $0.81
PROPERTY LISTING DETAILS
Dpr Realty Llc
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6173295
Last Updated: 12/19/2020
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.
