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PROPERTY INFO
FACTS
- Single Family
- Built In 2011
- Price/Sqft : $209.84
- 4 Days on Market
- MLS # : 6169084
- Updated Date : 12/10/2020 at 15:21
CONSTRUCTION
- Beds : 4
- Floor Size : 2,073 sqft
- Baths : 2 full
Listing Agent
Canam Realty Group
Listing Agent's Description
Welcome Home!!! This Beautiful 4 Bedroom 2 bath home in Coronado Village at Estrella Mtn Ranch is an absolute Gem! This home has a great open concept floor plan, with a large kitchen that has stainless steel appliances, double oven, filtered water, Gorgeous Crown Molding Cabinets, and Granite counter tops. This home has upgraded ceiling fans and lighting, 2'' blinds, and a 3 car tandem garage. You will just LOVE this backyard Oasis! This yard is set up for having company with an outdoor BBQ & Fridge, artificial grass, and a SWIM JET! That's right, this pool has a Swim Jet, one side allows you to swim against the jet and the other side has jets like a hot tub! This pool also has a custom rock formation waterfall to add to the ambiance. If the house doesn't have enough for you. The community
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PRICE & RENT TRENDS
Neighborhood: Coronado Village at Estrella Mountain Ranch
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Coronado Village at 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 | $2,120 |
EXPENSES | Loan Payment | -$1,605 |
Property Tax | -$385 | |
Property Insurance | -$68 | |
HOA | -$37 | |
Property Management Fees | -$99 | |
CASH FLOW
-$73
|
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.
$435,000
PROJECTED PRICE
$2,120
PROJECTED RENT
0.49%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 3.17% |
Appreciation Year (1-5) | 5.7% |
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
$121,025
LOAN DETAILS
$1,605
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $108,750 |
Loan Amount | $326,250 |
4.33
YEARS SAVED
$21,686
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$2,120
LIST RENT -
$1.02
LIST RENT PER SQFT
-
$1,861
COMP ESTIMATED VALUE -
$0.9
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Canam Realty Group
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6169084
Last Updated: 12/10/2020

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.