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INVESTimate
$419,250
List Price
$116,851
REQUEST INFO
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PROPERTY INFO
FACTS
- Built In 2010
- Price/Sqft : $190.57
- 1 Days on Market
- MLS # : 6122607
- Updated Date : 08/25/2020 at 19:26
CONSTRUCTION
- Beds : 3
- Floor Size : 2,200 sqft
- Baths : 2 full
Listing Agent
Re/max Professionals
Listing Agent's Description
Gorgeous single level home, split floor plan. You will love the privacy of this home backing onto the wash. Spacious great room floor plan, Gourmet kitchen features granite counter-tops, double ovens, large center island, walk-in pantry, Knotty Alder staggered cabinets, extended bay window area and much more! The extra room can be used as a Den or Office. Backyard is an oasis with lush landscaping, newly pebble-tec resurfacing of heated swimming pool/spa including pool cover, Ramada, pull down shade, travertine pavers, outdoor kitchen with BBQ/Sink/fridge. 4' EXTENDED garage, epoxy floors, fully insulated with R-30 in ceilings and so much. This is a must see!!!
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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
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $1,810 |
EXPENSES | Loan Payment | -$1,547 |
Property Tax | -$371 | |
Property Insurance | -$70 | |
HOA | -$111 | |
Property Management Fees | -$99 | |
CASH FLOW
-$388
|
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.
$419,250
PROJECTED PRICE
$1,810
PROJECTED RENT
0.43%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 3.17% |
Appreciation Year (1-5) | 5.67% |
Maintenance Year (1-5) | 8.00% |
Vacancy | 6.60% |
Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$116,851
LOAN DETAILS
$1,547
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $104,813 |
Loan Amount | $314,438 |
1.17
YEARS SAVED
$2,386
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,810
LIST RENT -
$0.82
LIST RENT PER SQFT
-
$1,815
COMP ESTIMATED VALUE -
$0.83
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Re/max Professionals
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6122607
Last Updated: 08/25/2020

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.