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PROPERTY INFO
FACTS
- Single Family
- Built In 2005
- Price/Sqft : $86.42
- 3 Days on Market
- MLS # : 6168847
- Updated Date : 12/11/2020 at 02:15
CONSTRUCTION
- Beds : 5
- Floor Size : 3,240 sqft
- Baths : 3 full , 1 half
Listing Agent
Re/max A Bar Z Realty
Listing Agent's Description
This is a must see property for sale in Coolidge that has ben immaculately maintained! With all the new housing coming on the market this is the established fully landscaped home you want. Move in ready and large enough for everyone in your family including that extra vehicle because the corner lot home has a 3 car garage. Desert landscaped with synthetic turf in the back yard for almost zero maintenance and low effect on your water bill. The 2 AC units have both been replaced in the last 2 years to help keep cost down on the power bill and most of the flooring has been updated this year an looks fantastic in the home. This 5 bedroom home with loft is in excellent condition and won't last long on the market. Get a showing scheduled today before it's too late!
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PRICE & RENT TRENDS
Zip Code: 85128
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 85128
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,530 |
| EXPENSES | Loan Payment | -$1,033 |
| Property Tax | -$159 | |
| Property Insurance | -$90 | |
| HOA | -$12 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$136
|
||
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.
$280,000
PROJECTED PRICE
$1,530
PROJECTED RENT
0.55%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.32% |
| Appreciation Year (1-5) | 7.9% |
| 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
$79,950
LOAN DETAILS
$1,033
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $70,000 |
| Loan Amount | $210,000 |
8.08
YEARS SAVED
$34,209
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,530
LIST RENT -
$0.47
LIST RENT PER SQFT
-
$1,480
COMP ESTIMATED VALUE -
$0.46
COMP AVG. RENT PER SQFT
Comps Range
-
1277 W Pinkley Avenue Coolidge, AZ 2
- 5 beds 4 baths ∙ 3,240 Sqft ∙ Built 2005 5 beds 4 baths ∙ 3,240 Sqft ∙ Built 2005
- Rent
- Rent Per SQFT
- $1,530
- $0.47
-
232 W Elm Avenue Coolidge, AZ 1
- 4 beds 3 baths ∙ 2,956 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,956 Sqft ∙ Built 2006
LEASED 04/01/20- Rent
- Rent Per SQFT
- $800
- $0.27
-
1273 W Pinkley Avenue Coolidge, AZ 3
- 5 beds 3 baths ∙ 3,132 Sqft ∙ Built 2005 5 beds 3 baths ∙ 3,132 Sqft ∙ Built 2005
LEASED 08/07/19- Rent
- Rent Per SQFT
- $1,650
- $0.53
-
1245 W Central Avenue Coolidge, AZ 4
- 4 beds 3 baths ∙ 3,133 Sqft ∙ Built 2005 4 beds 3 baths ∙ 3,133 Sqft ∙ Built 2005
LEASED 11/28/20- Rent
- Rent Per SQFT
- $1,785
- $0.57
PROPERTY LISTING DETAILS
Re/max A Bar Z Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6168847
Last Updated: 12/11/2020
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.
