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1301 W Holstein Trail San Tan Valley, AZ 85143

4 Beds 2 Baths 2,326 sqft Built 2006

$359,999

List Price

$1,640

$1.5K - $1.8K

Rent Est.

PROPERTY INFO

January 16, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2006
  • Price/Sqft : $154.77
  • 2 Days on Market
  • MLS # : 6180935
  • Updated Date : 01/16/2021 at 02:21
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,326 sqft
  • Baths : 2 full
Listing Agent

Realty One Group

Listing Agent's Description

Be prepared to be struck by Cupid when you see this home! LOCATION! LOCATION! This beautiful home is located on a spacious Cul-de-sac lot next to a community green belt for maximum privacy. Single level, 4 bedrooms, 2 bathrooms, family room and living room provides plenty of space for everyday living and entertaining. The kitchen is complete with stainless steel appliances, gas cooktop, double wall ovens and oversized walk in pantry. The backyard is spacious and waiting for your new swimming pool to be installed. Schedule your showings asap because this one won't last...but you already knew that.

SEE MORE

PRICE & RENT TRENDS

Zip Code: 85143

ZipNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260kPrice in $109k271k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Zip Code: 85143

ZipNIR Market*CityMarket2010Year20002019 Q210501100115012001250130013501400145015001550Rent in $10181567

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Circle Cross Ranch K-8 School Primary Regular 786 35 5
Circle Cross Ranch K-8 School Middle Regular 786 35 5
Poston Butte High School High Regular 1,801 79 4

Circle Cross Ranch K-8 School

  • Education Level: Primary
  • # of students: 786
  • # of teachers: 35
5
GreatSchools Rating

Circle Cross Ranch K-8 School

  • Education Level: Middle
  • # of students: 786
  • # of teachers: 35
5
GreatSchools Rating

Poston Butte High School

  • Education Level: High
  • # of students: 1,801
  • # of teachers: 79
4
GreatSchools Rating
 

$323,999$395,999$359,999

PURCHASE PRICE

$1,476$1,804$1,640

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,640
EXPENSES Loan Payment -$1,250
Property Tax -$190
Property Insurance -$73
HOA -$50
Property Management Fees -$99
CASH FLOW
-$22

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.

$359,999

PROJECTED PRICE

$1,640

PROJECTED RENT

0.46%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 7.7%
Maintenance Year (1-5) 8.00%
Vacancy 6.24%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M$1.2M

PROJECTED ANNUAL CASH FLOW

11530$0.0$5.0k$10k$15k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$101,150

INVESTMENT

$101,150

Down Payment
$90,000
Rehab Estimate
$5,750
Closing Costs
$5,400

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 45% down payment or higher enables the proceeds from the asset to cover all costs.

$1,250

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $90,000
Loan Amount $269,999
See What Happens When You Reinvest Cash Flow

5.25

YEARS SAVED

$19,849

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $1,640

    LIST RENT
  • $0.71

    LIST RENT PER SQFT
  • $1,739

    COMP ESTIMATED VALUE
  • $0.75

    COMP AVG. RENT PER SQFT
Comps Range
$1,600
1$1,6002$1,6403$1,6494$1,6955$1,785
$1,785
RENT COMPS ANALYSIS
  • 1301 W Holstein Trail San Tan Valley, AZ 2
    • 4 beds 2 baths ∙ 2,326 Sqft ∙ Built 2006 4 beds 2 baths ∙ 2,326 Sqft ∙ Built 2006
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,640
    • $0.71
    •  
  • 1672 W Paisley Drive Queen Creek, AZ 1
    • 4 beds 2 baths ∙ 2,214 Sqft ∙ Built 2012 4 beds 2 baths ∙ 2,214 Sqft ∙ Built 2012
    property image
    LEASED 07/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $0.72
    •  
  • 396 W Corriente Court San Tan Valley, AZ 3
    • 4 beds 3 baths ∙ 2,184 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,184 Sqft ∙ Built 2005
    property image
    LEASED 08/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,649
    • $0.76
    •  
  • 34994 N Barzona Trail San Tan Valley, AZ 4
    • 4 beds 3 baths ∙ 2,419 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,419 Sqft ∙ Built 2005
    property image
    LEASED 12/11/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,695
    • $0.70
    •  
  • 1712 W Loemann Drive Queen Creek, AZ 5
    • 4 beds 2 baths ∙ 2,191 Sqft ∙ Built 2012 4 beds 2 baths ∙ 2,191 Sqft ∙ Built 2012
    property image
    LEASED 12/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,785
    • $0.81
    •  
PROPERTY LISTING DETAILS
Renee Clark
Realty One Group
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6180935
Last Updated: 01/16/2021
support@investimateroi.com

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.

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