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
REQUEST INFO
It's free, with no obligation
PROPERTY INFO
FACTS
- Single Family
- Built In 1998
- Price/Sqft : $208.92
- 4 Days on Market
- MLS # : 6190399
- Updated Date : 02/12/2021 at 01:44
CONSTRUCTION
- Beds : 3
- Floor Size : 1,479 sqft
- Baths : 2 full
Listing Agent
Homesmart
Listing Agent's Description
Be the first to see this home when it goes Active on Feb 13th! You will not want to miss out on this gorgeous updated home featuring 3 bed/ 2 baths with an entertainers backyard! Enjoy the outdoors with your pebble tech pool , oversized covered patio, play area and additional space for a man cave, she-shed or quiet office space with no homes behind you! Updated kitchen, baths, flooring throughout including a newer AC. This home will not last in this market!!
SEE MORE
PRICE & RENT TRENDS
Neighborhood: Dave Brown at West Point
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Dave Brown at West Point
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $1,390 |
EXPENSES | Loan Payment | -$1,073 |
Property Tax | -$215 | |
Property Insurance | -$56 | |
HOA | -$55 | |
Property Management Fees | -$99 | |
CASH FLOW
-$108
|
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.
$309,000
PROJECTED PRICE
$1,390
PROJECTED RENT
0.45%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 3.35% |
Appreciation Year (1-5) | 7.5% |
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
$87,635
LOAN DETAILS
$1,073
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 3.75% |
Down Payment | $77,250 |
Loan Amount | $231,750 |
3.58
YEARS SAVED
$9,874
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,390
LIST RENT -
$0.94
LIST RENT PER SQFT
-
$1,398
COMP ESTIMATED VALUE -
$0.95
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Homesmart
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6190399
Last Updated: 02/12/2021

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.