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1570 N Desert Willow Avenue Casa Grande, AZ 85122

3 Beds 2 Baths 1,369 sqft Built 2002

$224,900

List Price

$1,190

$1.1K - $1.3K

Rent Est.

PROPERTY INFO

January 02, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2002
  • Price/Sqft : $164.28
  • 2 Days on Market
  • MLS # : 6176335
  • Updated Date : 01/02/2021 at 05:51
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,369 sqft
  • Baths : 2 full
Listing Agent

Az New Horizon Realty

Listing Agent's Description

Beautiful and cozy 3 bedroom, 2 bath home features tile throughout the entire house and includes an eat-in kitchen with a breakfast bar. The living room has vaulted ceilings making the home feel open with plenty of space to enjoy with your family. The living space extends outback with a large grassy area great for relaxing and enjoying the outdoors. All Kitchen appliances convey. Centrally located in the Wildwood subdivision and close to shopping, health clinics, schools and more! Schedule a showing with your Realtor today you won't be disappointed.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Wildwood

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260kPrice in $83k271k

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

Neighborhood: Wildwood

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
Mesquite Elementary School Primary Regular 453 22 3
Cactus Middle School Middle Regular 919 39 5
Vista Grande High Regular 1,907 68 3

Mesquite Elementary School

  • Education Level: Primary
  • # of students: 453
  • # of teachers: 22
3
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
 

$202,410$247,390$224,900

PURCHASE PRICE

$1,071$1,309$1,190

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,190
EXPENSES Loan Payment -$830
Property Tax -$171
Property Insurance -$54
HOA -$65
Property Management Fees -$99
CASH FLOW
-$29

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.

$224,900

PROJECTED PRICE

$1,190

PROJECTED RENT

0.53%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

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
11530$0.0$100k$200k$300k$400k$500k$600k$700k

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$65,349

INVESTMENT

$65,349

Down Payment
$56,225
Rehab Estimate
$5,750
Closing Costs
$3,374

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$830

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $56,225
Loan Amount $168,675
See What Happens When You Reinvest Cash Flow

4.58

YEARS SAVED

$12,375

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
  • $999

    COMP ESTIMATED VALUE
  • $0.73

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,2003$1,200
$1,200
RENT COMPS ANALYSIS
  • 1570 N Desert Willow Avenue Casa Grande, AZ 1
    • 3 beds 2 baths ∙ 1,369 Sqft ∙ Built 2002 3 beds 2 baths ∙ 1,369 Sqft ∙ Built 2002
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 1396 E Natasha Drive Casa Grande, AZ 2
    • 3 beds 2 baths ∙ 1,604 Sqft ∙ Built 2005 3 beds 2 baths ∙ 1,604 Sqft ∙ Built 2005
    property image
    LEASED 01/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,200
    • $0.75
    •  
  • 1726 N Desert Willow Street Casa Grande, AZ 3
    • 3 beds 2 baths ∙ 1,683 Sqft ∙ Built 2004 3 beds 2 baths ∙ 1,683 Sqft ∙ Built 2004
    property image
    LEASED 04/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,200
    • $0.71
    •  
PROPERTY LISTING DETAILS
Fatima Rocha
Az New Horizon Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6176335
Last Updated: 01/02/2021
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. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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