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PROPERTY INFO
FACTS
- Single Family
- Built In 2005
- Price/Sqft : $133.15
- 3 Days on Market
- MLS # : 6196276
- Updated Date : 02/20/2021 at 18:46
CONSTRUCTION
- Beds : 5
- Floor Size : 2,178 sqft
- Baths : 2 full , 1 half
Listing Agent
Homesmart
Listing Agent's Description
Perfectly located 5 bedroom home, four bedrooms upstairs one bedroom down stairs, two full baths upstairs and 1/2 a bath down stairs, don't miss out this home will sale fast make an appointment before its gone.
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PRICE & RENT TRENDS
Neighborhood: Capistrano North
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Capistrano North
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,510 |
| EXPENSES | Loan Payment | -$1,007 |
| Property Tax | -$182 | |
| Property Insurance | -$70 | |
| HOA | -$110 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$42
|
||
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.
$289,999
PROJECTED PRICE
$1,510
PROJECTED RENT
0.52%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.35% |
| Appreciation Year (1-5) | 9.8% |
| 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
$82,600
LOAN DETAILS
$1,007
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $72,500 |
| Loan Amount | $217,499 |
6
YEARS SAVED
$19,693
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,510
LIST RENT -
$0.69
LIST RENT PER SQFT
-
$1,590
COMP ESTIMATED VALUE -
$0.73
COMP AVG. RENT PER SQFT
Comps Range
-
12918 W Fleetwood Lane Glendale, AZ 3
- 5 beds 3 baths ∙ 2,178 Sqft ∙ Built 2005 5 beds 3 baths ∙ 2,178 Sqft ∙ Built 2005
- Rent
- Rent Per SQFT
- $1,510
- $0.69
-
12909 W Fleetwood Lane Glendale, AZ 1
- 4 beds 3 baths ∙ 1,949 Sqft ∙ Built 2005 4 beds 3 baths ∙ 1,949 Sqft ∙ Built 2005
LEASED 02/06/20- Rent
- Rent Per SQFT
- $1,395
- $0.72
-
12925 W Fleetwood Lane Glendale, AZ 2
- 4 beds 3 baths ∙ 2,178 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,178 Sqft ∙ Built 2005
LEASED 04/01/20- Rent
- Rent Per SQFT
- $1,425
- $0.65
-
13224 W Stella Lane Litchfield Park, AZ 4
- 4 beds 2 baths ∙ 2,040 Sqft ∙ Built 2002 4 beds 2 baths ∙ 2,040 Sqft ∙ Built 2002
LEASED 02/24/20- Rent
- Rent Per SQFT
- $1,600
- $0.78
-
6744 N 129th Lane Glendale, AZ 5
- 4 beds 3 baths ∙ 2,178 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,178 Sqft ∙ Built 2006
LEASED 11/20/20- Rent
- Rent Per SQFT
- $1,675
- $0.77
PROPERTY LISTING DETAILS
Homesmart
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6196276
Last Updated: 02/20/2021
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. Copyright (c) 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
