Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

1445 W Santa Gertrudis Trail San Tan Valley, AZ 85143

4 Beds 2 Baths 1,740 sqft Built 2008

INVESTimate

$260,000

List Price

$1,430

$1,287 - $1,573

Rent Est.

$280,098  ( +7.73%)   1 YR EST. FORECAST

PROPERTY INFO

August 19, 2020 RECENTLY ADDED
FACTS
  • Built In 2008
  • Price/Sqft : $149.43
  • 8 Days on Market
  • MLS # : 6119655
  • Updated Date : 08/19/2020 at 15:56
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,740 sqft
  • Baths : 2 full
Listing Agent

Emg Real Estate

Listing Agent's Description

Your home sweet home is here! Outstanding single level property in desirable San Tan Valley is waiting just for you. Offering great curb appeal, front porch, and easy care gravel landscaping. Step inside to discover a welcoming interior complete with 4 bed, 2 bath, living/dining area, designer paint tones, archways throughout, and several windows that bring in so much natural light. Enjoy cooking in this dreamy eat-in kitchen providing gorgeous pendant lighting, pantry, breakfast bar, back-splash, oak cabinetry, and sparkling clean appliances. Inside this double-door master suite you will find a spotless full bath and walk-in closet. You will not want to leave this amazing grassy backyard with covered/paved patio ready for your gatherings. This incredible home stands out above the rest!

SEE MORE

PRICE & RENT TRENDS

Zip Code: 85143

ZipNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260kPrice in $109k271k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Zip Code: 85143

ZipNIR Market*CityMarket2010Year20002019 Q210501100115012001250130013501400145015001550Rent in $10181567

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Ellsworth Elementary School Primary Regular 635 22 6
Ellsworth Elementary School Middle Regular 635 22 6
Combs High School High Regular 1,302 49 3

Ellsworth Elementary School

  • Education Level: Primary
  • # of students: 635
  • # of teachers: 22
6
GreatSchools Rating

Ellsworth Elementary School

  • Education Level: Middle
  • # of students: 635
  • # of teachers: 22
6
GreatSchools Rating

Combs High School

  • Education Level: High
  • # of students: 1,302
  • # of teachers: 49
3
GreatSchools Rating
 

$234,000$286,000$260,000

PURCHASE PRICE

$1,287$1,573$1,430

RENT

DOWN PAYMENT
FINANCING

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M

PROJECTED ANNUAL CASH FLOW

11530$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k$14k$16k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,430
EXPENSES Loan Payment -$959
Property Tax -$152
Property Insurance -$61
HOA -$50
Property Management Fees -$99
CASH FLOW
$109

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 14% of earned rent to cover both maintenance and periods of vacancy.

$260,000

PROJECTED PRICE

$1,430

PROJECTED RENT

0.55%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 7.73%
Maintenance Year (1-5) 8.00%
Vacancy 6.24%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$74,650

INVESTMENT

$74,650

Down Payment
$65,000
Rehab Estimate
$5,750
Closing Costs
$3,900

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 40% down payment or higher enables the proceeds from the asset to cover all costs.

$959

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $65,000
Loan Amount $195,000
See What Happens When You Reinvest Cash Flow

7.67

YEARS SAVED

$30,195

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $1,430

    LIST RENT
  • $0.82

    LIST RENT PER SQFT
  • $1,553

    COMP ESTIMATED VALUE
  • $0.89

    COMP AVG. RENT PER SQFT
Comps Range
$1,430
1$1,4302$1,5003$1,5254$1,5755$1,650
$1,650
RENT COMPS ANALYSIS
  • 1445 W Santa Gertrudis Trail San Tan Valley, 1
    • 4 beds 2 baths ∙ 1,740 Sqft ∙ Built 2008 4 beds 2 baths ∙ 1,740 Sqft ∙ Built 2008
    • Rent
    • Rent Per SQFT
    •  
    • $1,430
    • $0.82
    •  
  • 1725 W Corriente Drive Queen Creek, 2
    • 4 beds 2 baths ∙ 1,665 Sqft ∙ Built 2008 4 beds 2 baths ∙ 1,665 Sqft ∙ Built 2008
    LEASED 03/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.90
    •  
  • 35571 N Donovan Drive Queen Creek, 3
    • 3 beds 2 baths ∙ 1,733 Sqft ∙ Built 2016 3 beds 2 baths ∙ 1,733 Sqft ∙ Built 2016
    LEASED 06/04/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,525
    • $0.88
    •  
  • 1291 W Brangus Way San Tan Valley, 4
    • 4 beds 2 baths ∙ 1,741 Sqft ∙ Built 2008 4 beds 2 baths ∙ 1,741 Sqft ∙ Built 2008
    LEASED 01/12/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,575
    • $0.90
    •  
  • 35233 N Thurber Road Queen Creek, 5
    • 3 beds 2 baths ∙ 1,863 Sqft ∙ Built 2012 3 beds 2 baths ∙ 1,863 Sqft ∙ Built 2012
    LEASED 02/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $0.89
    •  
PROPERTY LISTING DETAILS
Ruben Villasenor
Emg Real Estate
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6119655
Last Updated: 08/19/2020
support@investimateroi.com

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.

BESbswy