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PROPERTY INFO
FACTS
- Single Family
- Built In 2005
- Price/Sqft : $111.59
- 1 Days on Market
- MLS # : 6210238
- Updated Date : 03/21/2021 at 01:32
CONSTRUCTION
- Beds : 6
- Floor Size : 3,674 sqft
- Baths : 2 full , 1 half
Listing Agent
Mojica & Associates Real Estate
Listing Agent's Description
This Gorgeous Remodeled Home is located on a premier corner Lot, a short walk to the sparkling community pool. 1 bedroom is downstairs, along with a Half Bathroom, Large Living Room, Dining Area, Spacious Family Room & Gourmet Kitchen. The Kitchen features beautiful white cabinets with soft close and a large island. Upstairs contains 5 bedrooms and a loft with space that is sure to please. Open the double doors to view the Oversized Master Suite. A luxurious Master Bathroom is complete with separate walk in shower, jacuzzi tub, and dual sinks. Glenhurst offers multiple Greenbelts, community pool, community park, convenience to I-10, 101 loop, Avondale Civic Center, Library, & Avondale Sports complex. Don't Wait! You're Dream Home is Move-in-Ready.
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PRICE & RENT TRENDS
Neighborhood: Glenhurst
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Glenhurst
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,750 |
| EXPENSES | Loan Payment | -$1,424 |
| Property Tax | -$293 | |
| Property Insurance | -$99 | |
| HOA | -$62 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$227
|
||
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.
$410,000
PROJECTED PRICE
$1,750
PROJECTED RENT
0.43%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.32% |
| Appreciation Year (1-5) | 7.4% |
| 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
$114,400
LOAN DETAILS
$1,424
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $102,500 |
| Loan Amount | $307,500 |
2.42
YEARS SAVED
$7,398
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
-
$2,094
COMP ESTIMATED VALUE -
$0.57
COMP AVG. RENT PER SQFT
Comps Range
-
11852 W Tonto Street Avondale, AZ 1
- 6 beds 3 baths ∙ 3,674 Sqft ∙ Built 2005 6 beds 3 baths ∙ 3,674 Sqft ∙ Built 2005
![property image]()
- Rent
- Rent Per SQFT
- $0
- $0.00
-
11871 W Hadley Street Avondale, AZ 2
- 5 beds 3 baths ∙ 3,674 Sqft ∙ Built 2005 5 beds 3 baths ∙ 3,674 Sqft ∙ Built 2005
![property image]()
LEASED 06/01/20- Rent
- Rent Per SQFT
- $2,095
- $0.57
PROPERTY LISTING DETAILS
Mojica & Associates Real Estate
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6210238
Last Updated: 03/21/2021
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. Copyright (c) 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
