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1275 W Avalon Canyon Drive Casa Grande, AZ 85122

4 Beds 2 Baths 2,708 sqft Built 2004

$350,000

List Price

$1,270

$1.1K - $1.4K

Rent Est.

PROPERTY INFO

FACTS
  • Single Family
  • Built In 2004
  • Price/Sqft : $129.25
  • 75 Days on Market
  • MLS # : 6152764
  • Updated Date : 01/05/2021 at 17:10
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,708 sqft
  • Baths : 2 full
Listing Agent

Coldwell Banker Rox Realty

Listing Agent's Description

Look no further, this is home! 4 bed/2 bath 2700 sqft This floorplan is open and spacious. There are solar screens on the exterior windows as well as wood shutters on the interior windows. The guest bath boasts a beautifully upgraded vanity. As you enter the open concept kitchen and family room you are presented with gorgeous upgraded cabinetry, granite and breakfast bar. The owners suite is impressive in size and shows off a beautifully upgraded built in custom closet. Step out back to the enclosed and cooled Arizona room. As if that wasn't enough, Once you enter the backyard, its an entertainers dream. With a POOL,, A Pergola, outdoor dining area, top of the line outdoor kitchen, additional patio and Artificial turf. The home also has a 30 amp RV hook-up.Schedule your showing now

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Avalon

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280kPrice in $104k290k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Neighborhood: Avalon

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2900950100010501100115012001250130013501400145015001550Rent in $8901567

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Mccartney Ranch Elementary School Primary Regular 714 32 6
Villago Middle School Middle Regular 875 39 6
Casa Grande Union High School High Regular 1,731 69 2

Mccartney Ranch Elementary School

  • Education Level: Primary
  • # of students: 714
  • # of teachers: 32
6
GreatSchools Rating

Villago Middle School

  • Education Level: Middle
  • # of students: 875
  • # of teachers: 39
6
GreatSchools Rating

Casa Grande Union High School

  • Education Level: High
  • # of students: 1,731
  • # of teachers: 69
2
GreatSchools Rating
 

$315,000$385,000$350,000

PURCHASE PRICE

$1,143$1,397$1,270

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,270
EXPENSES Loan Payment -$1,216
Property Tax -$248
Property Insurance -$80
HOA -$65
Property Management Fees -$99
CASH FLOW
-$438

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.

$350,000

PROJECTED PRICE

$1,270

PROJECTED RENT

0.36%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 4.9%
Maintenance Year (1-5) 8.00%
Vacancy 6.24%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M

PROJECTED ANNUAL CASH FLOW

11530-$8.0k-$6.0k-$4.0k-$2.0k$0.0$2.0k$4.0k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$98,500

INVESTMENT

$98,500

Down Payment
$87,500
Rehab Estimate
$5,750
Closing Costs
$5,250

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 70% down payment or higher enables the proceeds from the asset to cover all costs.

$1,216

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $87,500
Loan Amount $262,500
See What Happens When You Reinvest Cash Flow

0.33

YEARS SAVED

$179

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
  • $1,354

    COMP ESTIMATED VALUE
  • $0.5

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,2953$1,500
$1,500
RENT COMPS ANALYSIS
  • 1275 W Avalon Canyon Drive Casa Grande, AZ 1
    • 4 beds 2 baths ∙ 2,708 Sqft ∙ Built 2004 4 beds 2 baths ∙ 2,708 Sqft ∙ Built 2004
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 3515 N Excalibur Place Casa Grande, AZ 2
    • 4 beds 2 baths ∙ 2,724 Sqft ∙ Built 2004 4 beds 2 baths ∙ 2,724 Sqft ∙ Built 2004
    LEASED 11/07/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,295
    • $0.48
    •  
  • 1218 W Chimes Tower Drive Casa Grande, AZ 3
    • 4 beds 2 baths ∙ 2,888 Sqft ∙ Built 2005 4 beds 2 baths ∙ 2,888 Sqft ∙ Built 2005
    LEASED 08/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.52
    •  
PROPERTY LISTING DETAILS
Erin Dugan
Coldwell Banker Rox Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6152764
Last Updated: 01/05/2021
support@investimateroi.com

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.

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