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
INVESTimate
$345,000
List Price
$97,175
REQUEST INFO
It's free, with no obligation
PROPERTY INFO
FACTS
- Built In 2001
- Price/Sqft : $206.09
- 5 Days on Market
- MLS # : 200011691
- Updated Date : 08/25/2020 at 18:23
CONSTRUCTION
- Beds : 3
- Floor Size : 1,674 sqft
- Baths : 2 full
Listing Agent
Coldwell Banker Select Re Day
Listing Agent's Description
Beautiful Turn Key Home On The Dayton Valley Golf Course! This home has 3 bedrooms, 2 bathrooms and a den. This home has newer carpet throughout with a newer dishwasher, refrigerator and microwave. The exterior of the home was painted within the last year. You will be able to sit on your covered patio and watch the beautiful mountains and the golfers play their game. There is also a fireplace in the living room for those cold winter nights. Landscaped front and back.
SEE MORE
PRICE & RENT TRENDS
Zip Code: 89403
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 89403
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $1,630 |
EXPENSES | Loan Payment | -$1,273 |
Property Tax | -$260 | |
Property Insurance | -$62 | |
HOA | -$50 | |
Property Management Fees | -$119 | |
CASH FLOW
-$133
|
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.
$345,000
PROJECTED PRICE
$1,630
PROJECTED RENT
0.47%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 2.50% |
Appreciation Year (1-5) | 13.87% |
Maintenance Year (1-5) | 8.00% |
Vacancy | 6.00% |
Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$97,175
LOAN DETAILS
$1,273
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $86,250 |
Loan Amount | $258,750 |
3.17
YEARS SAVED
$10,105
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
-
$1,641
COMP ESTIMATED VALUE -
$0.98
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Coldwell Banker Select Re Day
1.866.250.5610
Mynd Property Management
1453579
MLS #: 200011691
Last Updated: 08/25/2020