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PROPERTY INFO
FACTS
- Single Family
- Built In 2000
- Price/Sqft : $197.37
- 1 Days on Market
- MLS # : 6173268
- Updated Date : 12/19/2020 at 17:59
CONSTRUCTION
- Beds : 3
- Floor Size : 1,748 sqft
- Baths : 2 full
Listing Agent
West Usa Realty
Listing Agent's Description
Great single level home with 3 bedrooms, den, swimming pool and more. This home is on a corner lot and close to schools. The home has a covered front porch, covered back patio and grass in the front and backyard. Inside, neutral carpeting has recently been installed. The kitchen features granite counters, an island and a pot rack. Need home office or classroom space? The den off the family room with views of the front yard are perfect for this. The home has a split floor plan and the owner's suite has dual sinks, a shower and a walk-in closet. The home has neutral two tone paint, ceiling fans and window blinds throughout. There are sun screens for the west and south facing windows. There is an RV gate with cement slab behind. The garage has built in cabinets and a niche for
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PRICE & RENT TRENDS
Neighborhood: Wigwam
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Wigwam
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $1,630 |
EXPENSES | Loan Payment | -$1,273 |
Property Tax | -$247 | |
Property Insurance | -$61 | |
HOA | -$44 | |
Property Management Fees | -$99 | |
CASH FLOW
-$94
|
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.
$345,000
PROJECTED PRICE
$1,630
PROJECTED RENT
0.47%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 3.17% |
Appreciation Year (1-5) | 8.0% |
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
$97,175
LOAN DETAILS
$1,273
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $86,250 |
Loan Amount | $258,750 |
4
YEARS SAVED
$14,961
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,630
LIST RENT -
$0.93
LIST RENT PER SQFT
-
$1,538
COMP ESTIMATED VALUE -
$0.88
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
West Usa Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6173268
Last Updated: 12/19/2020

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.