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PROPERTY INFO
FACTS
- Single Family
- Built In 2012
- Price/Sqft : $217.68
- 4 Days on Market
- MLS # : 6162319
- Updated Date : 12/18/2020 at 17:23
CONSTRUCTION
- Beds : 3
- Floor Size : 1,929 sqft
- Baths : 2 full
Listing Agent
West Usa Realty
Listing Agent's Description
Inviting curb appeal for this charming 3 bed, 2 bath home. Formal living and dining room. Tile & carpet in all the right places. Vaulted ceilings and soft color palette. Spacious open floor plan for the kitchen, dining, and family room. The family room has a cozy fireplace. The stunning eat-in kitchen has a plethora of custom cabinets, beautiful granite counters, SS appliances, breakfast bar seating, and a pantry. The master has a private entrance, a full bath, and a walk-in closet. The serene backyard has a covered patio, mature foliage, and a nice lawn area for the kids & pets to play! Community amenities. Close to schools, shopping, and major freeways. Make this your new home today!
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PRICE & RENT TRENDS
Neighborhood: Mountain Park Ranch
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Mountain Park Ranch
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,960 |
| EXPENSES | Loan Payment | -$1,549 |
| Property Tax | -$299 | |
| Property Insurance | -$65 | |
| HOA | -$5 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$56
|
||
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.
$419,900
PROJECTED PRICE
$1,960
PROJECTED RENT
0.47%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.17% |
| Appreciation Year (1-5) | 3.8% |
| 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
$117,024
LOAN DETAILS
$1,549
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $104,975 |
| Loan Amount | $314,925 |
4.58
YEARS SAVED
$23,597
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,960
LIST RENT -
$1.02
LIST RENT PER SQFT
-
$1,997
COMP ESTIMATED VALUE -
$1.04
COMP AVG. RENT PER SQFT
Comps Range
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13605 S 41st Street Phoenix, AZ 4
- 3 beds 2 baths ∙ 1,929 Sqft ∙ Built 2011 3 beds 2 baths ∙ 1,929 Sqft ∙ Built 2011
- Rent
- Rent Per SQFT
- $1,960
- $1.02
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4429 E Desert Wind Drive Phoenix, AZ 1
- 3 beds 2 baths ∙ 1,760 Sqft ∙ Built 1994 3 beds 2 baths ∙ 1,760 Sqft ∙ Built 1994
LEASED 05/27/20- Rent
- Rent Per SQFT
- $1,780
- $1.01
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4419 E Gold Poppy Way Phoenix, AZ 2
- 4 beds 2 baths ∙ 1,890 Sqft ∙ Built 1994 4 beds 2 baths ∙ 1,890 Sqft ∙ Built 1994
LEASED 03/24/20- Rent
- Rent Per SQFT
- $1,850
- $0.98
-
4432 E Badger Way Phoenix, AZ 3
- 3 beds 2 baths ∙ 1,800 Sqft ∙ Built 1994 3 beds 2 baths ∙ 1,800 Sqft ∙ Built 1994
LEASED 06/01/20- Rent
- Rent Per SQFT
- $1,900
- $1.06
-
4434 E Desert Wind Drive Phoenix, AZ 5
- 4 beds 2 baths ∙ 1,815 Sqft ∙ Built 1994 4 beds 2 baths ∙ 1,815 Sqft ∙ Built 1994
LEASED 11/02/20- Rent
- Rent Per SQFT
- $1,975
- $1.09
PROPERTY LISTING DETAILS
West Usa Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6162319
Last Updated: 12/18/2020
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.
