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PROPERTY INFO
FACTS
- Single Family
- Built In 2006
- Price/Sqft : $252.43
- 3 Days on Market
- MLS # : 6166683
- Updated Date : 01/01/2021 at 08:15
CONSTRUCTION
- Beds : 3
- Floor Size : 1,545 sqft
- Baths : 2 full
Listing Agent
Hague Partners
Listing Agent's Description
72 HOUR HOME SALE!!! Stunning retreat on 1.25+ acre horse property with amazing mountain views from the backyard and plenty of riding trails. Features 5 covered horse stalls, tack room, 7 corral bays total +3 turn-outs. Clean move-in ready condition. A brand new roof and a rebuilt A/C unit mean your buyers won't have to lift a finger. Modern home with a split floor plan, tile flooring throughout with carpet only in bedrooms. The kitchen features stainless steel appliances. Master has a double vanity, garden tub with a separate shower, and a private exit to the covered patio. A brand new fully fenced front and back, large shade trees, RV pad with 220v connection, and sewer clean-out drain. Shared well serves 4 homes and is a bargain at only $35/month. No HOA provides privacy and freedom!
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PRICE & RENT TRENDS
Zip Code: 85326
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 85326
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,570 |
| EXPENSES | Loan Payment | -$1,439 |
| Property Tax | -$241 | |
| Property Insurance | -$57 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$266
|
||
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.
$390,000
PROJECTED PRICE
$1,570
PROJECTED RENT
0.40%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.32% |
| Appreciation Year (1-5) | 8.6% |
| 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
$109,100
LOAN DETAILS
$1,439
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $97,500 |
| Loan Amount | $292,500 |
2.33
YEARS SAVED
$7,798
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,570
LIST RENT -
$1.02
LIST RENT PER SQFT
-
$1,442
COMP ESTIMATED VALUE -
$0.93
COMP AVG. RENT PER SQFT
Comps Range
-
13008 S 193rd Avenue Buckeye, AZ 2
- 3 beds 2 baths ∙ 1,545 Sqft ∙ Built 2006 3 beds 2 baths ∙ 1,545 Sqft ∙ Built 2006
![property image]()
- Rent
- Rent Per SQFT
- $1,570
- $1.02
-
18107 W San Alejandro Drive Goodyear, AZ 1
- 3 beds 2 baths ∙ 1,549 Sqft ∙ Built 1994 3 beds 2 baths ∙ 1,549 Sqft ∙ Built 1994
![property image]()
LEASED 11/01/19- Rent
- Rent Per SQFT
- $1,450
- $0.94
-
13483 S 186th Drive Goodyear, AZ 3
- 3 beds 2 baths ∙ 1,854 Sqft ∙ Built 2006 3 beds 2 baths ∙ 1,854 Sqft ∙ Built 2006
![property image]()
LEASED 01/03/20- Rent
- Rent Per SQFT
- $1,695
- $0.91
-
18526 W Desert Trumpet Road Goodyear, AZ 4
- 3 beds 2 baths ∙ 1,888 Sqft ∙ Built 2018 3 beds 2 baths ∙ 1,888 Sqft ∙ Built 2018
![property image]()
LEASED 06/01/20- Rent
- Rent Per SQFT
- $1,800
- $0.95
PROPERTY LISTING DETAILS
Hague Partners
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6166683
Last Updated: 01/01/2021
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.
