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1192 E Avenida Ellena -- 
Casa Grande, AZ
85122
4 Beds 2 Baths 1,695 sqft
Built 1976
INVESTimate
$199,900
List Price
$58,724
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PROPERTY INFO
FACTS
- Built In 1976
- Price/Sqft : $117.94
- 1 Days on Market
- MLS # : 6122697
- Updated Date : 08/26/2020 at 03:09
CONSTRUCTION
- Beds : 4
- Floor Size : 1,695 sqft
- Baths : 2 full
Listing Agent
Platinum Living Realty
Listing Agent's Description
WOW the attention to detail in the upgrades. Newer roof, newer A/C unit, newer flooring, partially new kitchen cabinets, newer dual pane windows and the list goes on. Bring all your tools to work out of a wood shop that has electricity. When you are ready to relax, take a seat out on the covered patio that looks out to the lush green yard. no HOA!! Don't miss out on this home, it won't last long.
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PRICE & RENT TRENDS
Neighborhood: Rancho Grande
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Rancho Grande
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,250 |
| EXPENSES | Loan Payment | -$738 |
| Property Tax | -$142 | |
| Property Insurance | -$60 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$212
|
||
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.
$199,900
PROJECTED PRICE
$1,250
PROJECTED RENT
0.63%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.32% |
| Appreciation Year (1-5) | 9.33% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.56% |
| Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$58,724
LOAN DETAILS
$738
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $49,975 |
| Loan Amount | $149,925 |
10.75
YEARS SAVED
$37,731
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
-
$1,424
COMP ESTIMATED VALUE -
$0.84
COMP AVG. RENT PER SQFT
Comps Range
-
1192 E Avenida Ellena -- Casa Grande, 1
- 4 beds 2 baths ∙ 1,695 Sqft ∙ Built 1976 4 beds 2 baths ∙ 1,695 Sqft ∙ Built 1976
- Rent
- Rent Per SQFT
- $0
- $0.00
-
520 E Jahns Place Casa Grande, 2
- 3 beds 2 baths ∙ 1,418 Sqft ∙ Built 1979 3 beds 2 baths ∙ 1,418 Sqft ∙ Built 1979
LEASED 09/01/19- Rent
- Rent Per SQFT
- $1,195
- $0.84
PROPERTY LISTING DETAILS
Platinum Living Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6122697
Last Updated: 08/26/2020
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.
