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1320 W Brangus Way San Tan Valley, AZ 85143

3 Beds 2 Baths 1,345 sqft Built 2008

$255,000

List Price

$1,100

$990 - $1.2K

Rent Est.

PROPERTY INFO

FACTS
  • Built In 2008
  • Price/Sqft : $189.59
  • 25 Days on Market
  • MLS # : 6145676
  • Updated Date : 11/07/2020 at 15:15
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,345 sqft
  • Baths : 2 full
Listing Agent

Rader Realty, Inc.

Listing Agent's Description

BACK ON THE MARKET!!! Come see this terrific 3 bedroom, 2 bath property in the beautiful Circle Cross Ranch community! This property features a grassy front landscape, neutral paint, eat-in kitchen with bay window, and matching appliances. The back yard has a covered patio with RV GATE access, view fence and is spacious. The owner has updated many things including, the kitchen appliances, (stainless steel convection stove dishwasher and built in microwave, the flooring, the sprinkler system and the yard.

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
Ellsworth Elementary School Primary Regular 635 22 6
Ellsworth Elementary School Middle Regular 635 22 6
Combs High School High Regular 1,302 49 3

Ellsworth Elementary School

  • Education Level: Primary
  • # of students: 635
  • # of teachers: 22
6
GreatSchools Rating

Ellsworth Elementary School

  • Education Level: Middle
  • # of students: 635
  • # of teachers: 22
6
GreatSchools Rating

Combs High School

  • Education Level: High
  • # of students: 1,302
  • # of teachers: 49
3
GreatSchools Rating
 

$229,500$280,500$255,000

PURCHASE PRICE

$990$1,210$1,100

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,100
EXPENSES Loan Payment -$941
Property Tax -$149
Property Insurance -$53
HOA -$50
Property Management Fees -$99
CASH FLOW
-$192

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.

$255,000

PROJECTED PRICE

$1,100

PROJECTED RENT

0.43%

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$100k$200k$300k$400k$500k$600k$700k$800k

PROJECTED ANNUAL CASH FLOW

11530-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$73,325

INVESTMENT

$73,325

Down Payment
$63,750
Rehab Estimate
$5,750
Closing Costs
$3,825

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$941

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $63,750
Loan Amount $191,250
See What Happens When You Reinvest Cash Flow

2.25

YEARS SAVED

$4,445

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,100

    LIST RENT
  • $0.82

    LIST RENT PER SQFT
  • $1,120

    COMP ESTIMATED VALUE
  • $0.83

    COMP AVG. RENT PER SQFT
Comps Range
$1,100
1$1,1002$1,1503$1,2004$1,4505$1,500
$1,500
RENT COMPS ANALYSIS
  • 1320 W Brangus Way San Tan Valley, AZ 1
    • 3 beds 2 baths ∙ 1,345 Sqft ∙ Built 2008 3 beds 2 baths ∙ 1,345 Sqft ∙ Built 2008
    • Rent
    • Rent Per SQFT
    •  
    • $1,100
    • $0.82
    •  
  • 35501 N Danish Red Trail San Tan Valley, AZ 2
    • 3 beds 2 baths ∙ 1,452 Sqft ∙ Built 2004 3 beds 2 baths ∙ 1,452 Sqft ∙ Built 2004
    LEASED 12/29/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,150
    • $0.79
    •  
  • 35430 N Barzona Trail San Tan Valley, AZ 3
    • 4 beds 3 baths ∙ 1,540 Sqft ∙ Built 2003 4 beds 3 baths ∙ 1,540 Sqft ∙ Built 2003
    LEASED 06/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,200
    • $0.78
    •  
  • 536 W Panola Drive San Tan Valley, AZ 4
    • 3 beds 2 baths ∙ 1,686 Sqft ∙ Built 2019 3 beds 2 baths ∙ 1,686 Sqft ∙ Built 2019
    LEASED 07/13/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.86
    •  
  • 1725 W Corriente Drive Queen Creek, AZ 5
    • 4 beds 2 baths ∙ 1,665 Sqft ∙ Built 2008 4 beds 2 baths ∙ 1,665 Sqft ∙ Built 2008
    LEASED 03/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.90
    •  
PROPERTY LISTING DETAILS
Jean Utter Rader
Rader Realty, Inc.
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6145676
Last Updated: 11/07/2020
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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