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PROPERTY INFO
FACTS
- Single Family
- Built In 2006
- Price/Sqft : $135.14
- 2 Days on Market
- MLS # : 6178034
- Updated Date : 01/16/2021 at 05:56
CONSTRUCTION
- Beds : 4
- Floor Size : 2,035 sqft
- Baths : 2 full , 1 half
Listing Agent
West Usa Realty
Listing Agent's Description
Beautifully maintained home with plenty of room for your family! Great location close to hiking, library, shopping & restaurants, & easy access to the freeway. House offers owned security system, 4 spacious bedrooms with walk in closets and ceiling fans, updated flooring, new AC (March 2020) and solar lease, 3 living spaces, tons of storage, and a large corner lot ready for your personal touch!Seller is offering a $500 credit toward a home warranty. Make this home yours before it's gone!
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PRICE & RENT TRENDS
Neighborhood: Sundance
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Sundance
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,380 |
| EXPENSES | Loan Payment | -$955 |
| Property Tax | -$198 | |
| Property Insurance | -$67 | |
| HOA | -$16 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$45
|
||
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.
$275,000
PROJECTED PRICE
$1,380
PROJECTED RENT
0.50%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.32% |
| Appreciation Year (1-5) | 9.3% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.56% |
| 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
$78,625
LOAN DETAILS
$955
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $68,750 |
| Loan Amount | $206,250 |
6.25
YEARS SAVED
$19,452
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
-
$1,455
COMP ESTIMATED VALUE -
$0.72
COMP AVG. RENT PER SQFT
Comps Range
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LEASED 06/10/20- Rent
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- $1,250
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LEASED 09/01/19- Rent
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- $1,275
- $0.70
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22177 W Pima Street Buckeye, AZ 4
- 3 beds 2 baths ∙ 1,714 Sqft ∙ Built 2005 3 beds 2 baths ∙ 1,714 Sqft ∙ Built 2005
LEASED 11/11/19- Rent
- Rent Per SQFT
- $1,300
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22159 W Desert Bloom Street Buckeye, AZ 5
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LEASED 12/12/19- Rent
- Rent Per SQFT
- $1,300
- $0.67
PROPERTY LISTING DETAILS
West Usa Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6178034
Last Updated: 01/16/2021
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. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
