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PROPERTY INFO
FACTS
- Single Family
- Built In 2007
- Price/Sqft : $107.84
- 1 Days on Market
- MLS # : 6185112
- Updated Date : 01/23/2021 at 23:59
CONSTRUCTION
- Beds : 5
- Floor Size : 3,060 sqft
- Baths : 3 full , 1 half
Listing Agent
Az New Horizon Realty
Listing Agent's Description
Beautiful Beazer Home with Fabulous Floor Plan! Soaring high ceilings, arches, niches & NEW CARPET adorn this 3,060 square foot, 5 bedroom, 3.5 bathroom, 2 car garage home which offers rare to find downstairs suite with living space, bedroom & full bathroom. The foyer, formal living & dining room along with loft view welcome you in & give a grand feel. The great room offers a large family room, breakfast nook & spacious breakfast bar kitchen with corner walk in pantry & matching stainless steel appliances. The upstairs master suite has multiple closets, dual sinks, walk in shower & private toilet room. FRESHLY PAINTED EXTERIOR, covered patios, extended stamped concrete patio with affixed gazebo, professionally landscaped, large side yard with RV gate & OWNED SOLAR make this a must buy!!
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PRICE & RENT TRENDS
Neighborhood: Ironwood Commons
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Ironwood Commons
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,550 |
| EXPENSES | Loan Payment | -$1,146 |
| Property Tax | -$251 | |
| Property Insurance | -$87 | |
| HOA | -$49 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$82
|
||
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.
$330,000
PROJECTED PRICE
$1,550
PROJECTED RENT
0.47%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.32% |
| Appreciation Year (1-5) | 3.8% |
| 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
$93,200
LOAN DETAILS
$1,146
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $82,500 |
| Loan Amount | $247,500 |
3.92
YEARS SAVED
$11,911
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
-
$1,683
COMP ESTIMATED VALUE -
$0.55
COMP AVG. RENT PER SQFT
Comps Range
-
1451 E Sunset Drive Casa Grande, AZ 1
- 5 beds 4 baths ∙ 3,060 Sqft ∙ Built 2007 5 beds 4 baths ∙ 3,060 Sqft ∙ Built 2007
- Rent
- Rent Per SQFT
- $0
- $0.00
-
1253 E Kingman Street Casa Grande, AZ 2
- 4 beds 3 baths ∙ 3,267 Sqft ∙ Built 2014 4 beds 3 baths ∙ 3,267 Sqft ∙ Built 2014
LEASED 08/01/19- Rent
- Rent Per SQFT
- $1,800
- $0.55
PROPERTY LISTING DETAILS
Az New Horizon Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6185112
Last Updated: 01/23/2021
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. Copyright (c) 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
