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PROPERTY INFO
FACTS
- Single Family
- Built In 2006
- Price/Sqft : $196.87
- 2 Days on Market
- MLS # : 6193932
- Updated Date : 02/20/2021 at 00:39
CONSTRUCTION
- Beds : 3
- Floor Size : 1,854 sqft
- Baths : 2 full
Listing Agent
Realty One Group
Listing Agent's Description
Estrella cul-de-sac location with a VIEW! NEW Kitchen & Flooring in 2018! New exterior paint in 2019! Kitchen comes complete with 2019 LG ''Insta-View Door'' stainless refrigerator, gas cooking, quartz countertops, stainless undermount sink, tile backsplash, stainless hardware, quiet close drawers, 2020 dishwasher, and walk-in pantry. Wood-look, plank tile flooring throughout with carpet (also new in 2018) in bedrooms. Backyard features mountain views, view fencing, covered patio, extended paver patio, and gazebo. A gated, side-yard, dog-run featuring pet-friendly artificial turf awaits your best furry friend. Garage flooring is... You really have to SEE it! Additional features include: private courtyard entrance, energy-saving sunscreens, ceiling fans, recessed
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PRICE & RENT TRENDS
Neighborhood: Estrella Mountain Ranch
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Estrella Mountain Ranch
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $1,710 |
EXPENSES | Loan Payment | -$1,268 |
Property Tax | -$323 | |
Property Insurance | -$63 | |
HOA | -$36 | |
Property Management Fees | -$99 | |
CASH FLOW
-$78
|
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.
$365,000
PROJECTED PRICE
$1,710
PROJECTED RENT
0.47%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 3.17% |
Appreciation Year (1-5) | 6.3% |
Maintenance Year (1-5) | 8.00% |
Vacancy | 6.60% |
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
$102,475
LOAN DETAILS
$1,268
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 3.75% |
Down Payment | $91,250 |
Loan Amount | $273,750 |
3.92
YEARS SAVED
$13,247
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$0
LIST RENT -
$0
LIST RENT PER SQFT
-
$1,803
COMP ESTIMATED VALUE -
$0.97
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Realty One Group
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6193932
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.