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15775 S Saxon Road Arizona City, AZ 85123

3 Beds 2 Baths 1,502 sqft Built 2005

$239,000

List Price

$970

$873 - $1.1K

Rent Est.

PROPERTY INFO

February 13, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2005
  • Price/Sqft : $159.12
  • 2 Days on Market
  • MLS # : 6193903
  • Updated Date : 02/13/2021 at 19:15
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,502 sqft
  • Baths : 2 full
Listing Agent

Hawkins & Associates Realty, Inc.

Listing Agent's Description

TRULY ONE OF A KIND!! Lots of curb appeal w/decorative wall & beautiful desert landscaping. Immaculate 3 BR home w/custom paint throughout. All tile flooring & plantation shutters. Owners installed tons of recessed lighting in every room for a bright & cheery home. Great room includes a spacious living area, dining, fabulous Kitchen w/granite counters, built in microwave, refrigerator & two pantries. Master suite adjoins the 2nd BR to use as an office/sewing room you name it. Seller will fill in arch if Buyers desire. Master bath has a DBL vanity. Outside you have an extended covered patio, tons of cool decking surrounding the pebble-tec pool. Add a modified Cargo Unit w/room for everything plus an additional storage shed. Sunscreens & possibly room for RV parking in front. IMMACULATE.

SEE MORE

PRICE & RENT TRENDS

Zip Code: 85123

ZipNIR Market*CityMarket2010Year2000201980k100k120k140k160k180k200k220k240k260kPrice in $74k271k

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

Zip Code: 85123

ZipNIR Market*CityMarket2010Year20002019 Q2800900100011001200130014001500Rent in $7011567

* 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
Toltec Elementary School Primary Regular NA
Vista Grande High Regular 1,907 68 3

Toltec Elementary School

  • Education Level: Primary
  • # of students:
  • # of teachers:
NA
GreatSchools Rating

Vista Grande

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

$215,100$262,900$239,000

PURCHASE PRICE

$873$1,067$970

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $970
EXPENSES Loan Payment -$830
Property Tax -$140
Property Insurance -$56
Property Management Fees -$99
CASH FLOW
-$156

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.

$239,000

PROJECTED PRICE

$970

PROJECTED RENT

0.41%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.32%
Appreciation Year (1-5) 11.4%
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$200k$400k$600k$800k

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$69,085

INVESTMENT

$69,085

Down Payment
$59,750
Rehab Estimate
$5,750
Closing Costs
$3,585

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$830

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $59,750
Loan Amount $179,250
See What Happens When You Reinvest Cash Flow

2.33

YEARS SAVED

$3,963

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $970

    LIST RENT
  • $0.65

    LIST RENT PER SQFT
  • $976

    COMP ESTIMATED VALUE
  • $0.65

    COMP AVG. RENT PER SQFT
Comps Range
$800
1$8002$8953$970
$970
RENT COMPS ANALYSIS
  • 15775 S Saxon Road Arizona City, AZ 3
    • 3 beds 2 baths ∙ 1,502 Sqft ∙ Built 2005 3 beds 2 baths ∙ 1,502 Sqft ∙ Built 2005
    • Rent
    • Rent Per SQFT
    •  
    • $970
    • $0.65
    •  
  • 15914 S Yava Road Arizona City, AZ 1
    • 3 beds 3 baths ∙ 1,234 Sqft ∙ Built 2006 3 beds 3 baths ∙ 1,234 Sqft ∙ Built 2006
    LEASED 02/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $800
    • $0.65
    •  
  • 9072 W Oneida Drive Arizona City, AZ 2
    • 3 beds 2 baths ∙ 1,368 Sqft ∙ Built 2001 3 beds 2 baths ∙ 1,368 Sqft ∙ Built 2001
    LEASED 02/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $895
    • $0.65
    •  
PROPERTY LISTING DETAILS
Nancy Hawkins
Hawkins & Associates Realty, Inc.
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6193903
Last Updated: 02/13/2021
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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