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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
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PRICE & RENT TRENDS
Neighborhood: Avalon
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Avalon
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
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
| 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
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$98,500
LOAN DETAILS
$1,216
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $87,500 |
| Loan Amount | $262,500 |
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.
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$0
LIST RENT -
$0
LIST RENT PER SQFT
-
$1,354
COMP ESTIMATED VALUE -
$0.5
COMP AVG. RENT PER SQFT
Comps Range
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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
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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
Coldwell Banker Rox Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6152764
Last Updated: 01/05/2021
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. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
