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PROPERTY INFO
FACTS
- Single Family
- Built In 2018
- Price/Sqft : $167.70
- 2 Days on Market
- MLS # : 6165636
- Updated Date : 11/28/2020 at 14:51
CONSTRUCTION
- Beds : 4
- Floor Size : 1,938 sqft
- Baths : 3 full
Listing Agent
West Usa Realty
Listing Agent's Description
Gorgeous home move-in condition built in 2018 lovingly cared for and it shows! Professionally painted interior with decorator paint throughout, wood look tile floor and upgraded carpet. Upgraded kitchen with 42'' white cabinets, stainless steel appliances, gas stove and quartz countertops. French door refrigerator is included as are the washer and dryer. Open floorplan with 3 bathrooms, a large master bedroom, 2 secondary bedrooms and a huge 4th bedroom(bunk room). Did I mention this is a money saving Energy Star home that also has a tankless water heater. Great work from home office with dedicated landline, high speed fiber optic internet and wireless router and blue tooth. Backyard is a blank slate for your own design. Checkout the 3D virtual tour to do your own walkthrough!
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PRICE & RENT TRENDS
Zip Code: 85118
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 85118
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,770 |
| EXPENSES | Loan Payment | -$1,199 |
| Property Tax | -$345 | |
| Property Insurance | -$65 | |
| HOA | -$76 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$14
|
||
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.
$325,000
PROJECTED PRICE
$1,770
PROJECTED RENT
0.54%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.17% |
| Appreciation Year (1-5) | 4.7% |
| 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
$91,875
LOAN DETAILS
$1,199
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $81,250 |
| Loan Amount | $243,750 |
4.58
YEARS SAVED
$18,130
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,770
LIST RENT -
$0.91
LIST RENT PER SQFT
-
$1,730
COMP ESTIMATED VALUE -
$0.89
COMP AVG. RENT PER SQFT
Comps Range
-
12793 E Crystal Forest -- Gold Canyon, AZ 4
- 4 beds 3 baths ∙ 1,938 Sqft ∙ Built 2018 4 beds 3 baths ∙ 1,938 Sqft ∙ Built 2018
- Rent
- Rent Per SQFT
- $1,770
- $0.91
-
9960 E Prospector Drive Gold Canyon, AZ 1
- 3 beds 2 baths ∙ 1,696 Sqft ∙ Built 2005 3 beds 2 baths ∙ 1,696 Sqft ∙ Built 2005
LEASED 03/10/20- Rent
- Rent Per SQFT
- $1,400
- $0.83
-
12759 E Crystal Forest Gold Canyon, AZ 2
- 5 beds 3 baths ∙ 1,939 Sqft ∙ Built 2019 5 beds 3 baths ∙ 1,939 Sqft ∙ Built 2019
LEASED 10/12/19- Rent
- Rent Per SQFT
- $1,595
- $0.82
-
10300 E Trailhead Court Gold Canyon, AZ 3
- 3 beds 2 baths ∙ 1,865 Sqft ∙ Built 2001 3 beds 2 baths ∙ 1,865 Sqft ∙ Built 2001
LEASED 07/08/20- Rent
- Rent Per SQFT
- $1,700
- $0.91
-
12919 E Massai Point Gold Canyon, AZ 5
- 3 beds 3 baths ∙ 1,938 Sqft ∙ Built 2019 3 beds 3 baths ∙ 1,938 Sqft ∙ Built 2019
LEASED 05/26/20- Rent
- Rent Per SQFT
- $1,950
- $1.01
PROPERTY LISTING DETAILS
West Usa Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6165636
Last Updated: 11/28/2020
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.
