Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more
REQUEST INFO
It's free, with no obligation
PROPERTY INFO
FACTS
- Single Family
- Built In 2007
- Price/Sqft : $179.15
- 2 Days on Market
- MLS # : 6207089
- Updated Date : 03/20/2021 at 07:15
CONSTRUCTION
- Beds : 3
- Floor Size : 2,149 sqft
- Baths : 2 full
Listing Agent
West Usa Realty
Listing Agent's Description
NOT AGE RESTRICTED! Premium Hill Top Lot in cul-de-sac with amazing views of mountains and city. Split floor plan, Master bedroom has separate shower and jetted tub with dual vanities, two additional bedrooms plus a den on the other side of home. Open den easy to convert to 4th bedroom if needed. Kitchen with slab granite countertops open to great room. Security Door at Front Entry. This single story with 3 car garage is not going to last long! Huge park just down the hill with playground, basketball & tennis courts as well as soccer field! Dog Door insert in great room does not stay.
SEE MORE
PRICE & RENT TRENDS
Neighborhood: Crossriver
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Crossriver
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $1,630 |
EXPENSES | Loan Payment | -$1,337 |
Property Tax | -$302 | |
Property Insurance | -$69 | |
HOA | -$69 | |
Property Management Fees | -$99 | |
CASH FLOW
-$247
|
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.
$385,000
PROJECTED PRICE
$1,630
PROJECTED RENT
0.42%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 3.17% |
Appreciation Year (1-5) | 6.7% |
Maintenance Year (1-5) | 8.00% |
Vacancy | 6.60% |
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
$107,775
LOAN DETAILS
$1,337
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 3.75% |
Down Payment | $96,250 |
Loan Amount | $288,750 |
2
YEARS SAVED
$4,801
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
-
$1,676
COMP ESTIMATED VALUE -
$0.78
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
West Usa Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6207089
Last Updated: 03/20/2021

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.