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PROPERTY INFO
FACTS
- Single Family
- Built In 2005
- Price/Sqft : $107.54
- 2 Days on Market
- MLS # : 6179102
- Updated Date : 01/09/2021 at 19:44
CONSTRUCTION
- Beds : 5
- Floor Size : 3,329 sqft
- Baths : 3 full
Listing Agent
Homesmart
Listing Agent's Description
Beautiful, spacious 5 bedroom 3 bath corner lot home in a cul de sac. Downstairs you will find formal dining room, big kitchen with corian counters, bar seating, eat-in-kitchen, huge family room, theater/ game room butlers pantry and a full bath. Upstairs 4 guest bedrooms, guest bath, laundry and storage closet an awesome master bedroom, master bathroom and master closet with built-ins. Most of the bedrooms have walk-in closets and storage is ample throughout the home. Outside an RV gate, sport court, playhouse, huge covered patio, gazebo, pond, gas fire pit and a gas connection for your BBQ. Come see this gorgeous family home.
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PRICE & RENT TRENDS
Neighborhood: Southfork
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Southfork
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,780 |
| EXPENSES | Loan Payment | -$1,243 |
| Property Tax | -$272 | |
| Property Insurance | -$92 | |
| HOA | -$35 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$39
|
||
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.
$358,000
PROJECTED PRICE
$1,780
PROJECTED RENT
0.50%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.32% |
| Appreciation Year (1-5) | 6.4% |
| 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
$100,620
LOAN DETAILS
$1,243
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $89,500 |
| Loan Amount | $268,500 |
5.67
YEARS SAVED
$22,981
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
-
$1,731
COMP ESTIMATED VALUE -
$0.52
COMP AVG. RENT PER SQFT
Comps Range
-
1455 E Cody Circle Casa Grande, AZ 1
- 5 beds 3 baths ∙ 3,329 Sqft ∙ Built 2005 5 beds 3 baths ∙ 3,329 Sqft ∙ Built 2005
- Rent
- Rent Per SQFT
- $0
- $0.00
-
20 N Pottebaum Road Casa Grande, AZ 2
- 4 beds 4 baths ∙ 3,584 Sqft ∙ Built 2006 4 beds 4 baths ∙ 3,584 Sqft ∙ Built 2006
LEASED 10/01/20- Rent
- Rent Per SQFT
- $1,850
- $0.52
PROPERTY LISTING DETAILS
Homesmart
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6179102
Last Updated: 01/09/2021
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. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
