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
REQUEST INFO
SCHEDULE APPOINTMENT
It's free, with no obligation
PROPERTY INFO
FACTS
- Single Family
- Built In 2004
- Price/Sqft : $192.43
- 2 Days on Market
- MLS # : 6198080
- Updated Date : 03/13/2021 at 19:18
CONSTRUCTION
- Beds : 4
- Floor Size : 2,905 sqft
- Baths : 2 full , 1 half
Listing Agent
Re/max Fine Properties
Listing Agent's Description
Wow over an acre tucked in the desert and mountains! Freshly painted custom home overlooking Bunker Peak w/ 10' ceilings, 3 car garage, fenced w/ RV gates and circle drive separate from the extended driveway. Inside you'll find a chef's kitchen w/ custom staggered 42 in cabinets with 3 in crown molding, bull-nosed Granite counters and custom backsplash, walk-in pantry & huge eat-in dining space. The backyard is an entertainers paradise with sparkling pool, flagstone, outdoor kitchen and extended patio! 2 NEWER 14 Seer HVAC Units!!There's even room for horses!!
SEE MORE
PRICE & RENT TRENDS
Zip Code: 85387
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 85387
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
Sorry, we do not have sufficient school data for this neighborhood.
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,090 |
| EXPENSES | Loan Payment | -$1,942 |
| Property Tax | -$237 | |
| Property Insurance | -$80 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$268
|
||
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.
$559,000
PROJECTED PRICE
$2,090
PROJECTED RENT
0.37%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.17% |
| Appreciation Year (1-5) | 3.0% |
| 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
$153,885
LOAN DETAILS
$1,942
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $139,750 |
| Loan Amount | $419,250 |
3.17
YEARS SAVED
$14,009
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
-
$2,462
COMP ESTIMATED VALUE -
$0.91
COMP AVG. RENT PER SQFT
Comps Range
-
14934 W Oberlin Way Surprise, AZ 1
- 4 beds 3 baths ∙ 2,705 Sqft ∙ Built 2004 4 beds 3 baths ∙ 2,705 Sqft ∙ Built 2004
- Rent
- Rent Per SQFT
- $0
- $0.00
-
13820 W Desert Moon Way Peoria, AZ 2
- 4 beds 3 baths ∙ 2,591 Sqft ∙ Built 2019 4 beds 3 baths ∙ 2,591 Sqft ∙ Built 2019
LEASED 10/01/20- Rent
- Rent Per SQFT
- $2,100
- $0.81
-
14836 W Plum Road Surprise, AZ 3
- 3 beds 3 baths ∙ 2,714 Sqft ∙ Built 2007 3 beds 3 baths ∙ 2,714 Sqft ∙ Built 2007
LEASED 05/21/20- Rent
- Rent Per SQFT
- $2,750
- $1.01
PROPERTY LISTING DETAILS
Re/max Fine Properties
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6198080
Last Updated: 03/13/2021
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.
