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1451 E Sunset Drive Casa Grande, AZ 85122

5 Beds 4 Baths 3,060 sqft Built 2007

$330,000

List Price

$1,550

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

January 24, 2021 RECENTLY ADDED
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!!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Ironwood Commons

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260kPrice in $83k272k

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

Neighborhood: Ironwood Commons

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2900950100010501100115012001250130013501400145015001550Rent in $8621567

* 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
Ironwood Elementary School Primary Regular 460 24 4
Cactus Middle School Middle Regular 919 39 5
Vista Grande High Regular 1,907 68 3

Ironwood Elementary School

  • Education Level: Primary
  • # of students: 460
  • # of teachers: 24
4
GreatSchools Rating

Cactus Middle School

  • Education Level: Middle
  • # of students: 919
  • # of teachers: 39
5
GreatSchools Rating

Vista Grande

  • Education Level: High
  • # of students: 1,907
  • # of teachers: 68
3
GreatSchools Rating
 

$297,000$363,000$330,000

PURCHASE PRICE

$1,395$1,705$1,550

RENT

DOWN PAYMENT
FINANCING

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

ASSUMPTIONS

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
11530$0.0$200k$400k$600k$800k

PROJECTED ANNUAL CASH FLOW

11530-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k$900k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$93,200

INVESTMENT

$93,200

Down Payment
$82,500
Rehab Estimate
$5,750
Closing Costs
$4,950

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$1,146

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $82,500
Loan Amount $247,500
See What Happens When You Reinvest Cash Flow

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
$0
1$02$1,800
$1,800
RENT COMPS ANALYSIS
  • 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
Susan L. Marquez
Az New Horizon Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6185112
Last Updated: 01/23/2021
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. Copyright (c) 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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