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PROPERTY INFO
FACTS
- Single Family
- Built In 2004
- Price/Sqft : $208.17
- 2 Days on Market
- MLS # : 6204603
- Updated Date : 03/13/2021 at 18:54
CONSTRUCTION
- Beds : 3
- Floor Size : 2,546 sqft
- Baths : 2 full , 1 half
Listing Agent
Redfin Corporation
Listing Agent's Description
Open House Sunday 12:00-4:00. Enjoy living Anthem's Country Club life in this guard gated community! Corner lot backing wash w/ Mtn Views! Featuring a privacy courtyard w/ fire-pit, great for socializing! Open and Bright Floor Plan w/ soaring ceilings. Upgraded Kitchen w/ SS appliances, convection oven, and gas cooktop. Large Island overlooking the family room and patio. Attractive white cabinets with black granite tops and glass back-splash. 2 living areas, formal dining, breakfast nook and stools. Primary bedroom has a full bath with dual sinks, separate tub and shower, spacious walk-in closet. Enjoy backyard entertainment with outdoor built in gas BBQ and Fire Pit. Easy to maintain landscaping. With all the benefits of living in a gated, golf course community - club houses, restaurants
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PRICE & RENT TRENDS
Neighborhood: Anthem Country Club
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Anthem Country Club
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,180 |
| EXPENSES | Loan Payment | -$1,841 |
| Property Tax | -$413 | |
| Property Insurance | -$77 | |
| HOA | -$135 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$384
|
||
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.
$530,000
PROJECTED PRICE
$2,180
PROJECTED RENT
0.41%
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
$146,200
LOAN DETAILS
$1,841
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $132,500 |
| Loan Amount | $397,500 |
1.5
YEARS SAVED
$4,608
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$2,180
LIST RENT -
$0.86
LIST RENT PER SQFT
-
$2,202
COMP ESTIMATED VALUE -
$0.87
COMP AVG. RENT PER SQFT
Comps Range
-
1706 W Ainsworth Drive Phoenix, AZ 2
- 3 beds 3 baths ∙ 2,546 Sqft ∙ Built 2004 3 beds 3 baths ∙ 2,546 Sqft ∙ Built 2004
- Rent
- Rent Per SQFT
- $2,180
- $0.86
-
2023 W Shackleton Drive Anthem, AZ 1
- 4 beds 3 baths ∙ 2,575 Sqft ∙ Built 2004 4 beds 3 baths ∙ 2,575 Sqft ∙ Built 2004
LEASED 05/01/20- Rent
- Rent Per SQFT
- $1,995
- $0.77
-
39524 N Belfair Way Anthem, AZ 3
- 4 beds 3 baths ∙ 2,663 Sqft ∙ Built 2004 4 beds 3 baths ∙ 2,663 Sqft ∙ Built 2004
LEASED 06/16/20- Rent
- Rent Per SQFT
- $2,250
- $0.84
-
2862 W Haley Drive Anthem, AZ 4
- 3 beds 3 baths ∙ 2,830 Sqft ∙ Built 2001 3 beds 3 baths ∙ 2,830 Sqft ∙ Built 2001
LEASED 12/19/20- Rent
- Rent Per SQFT
- $2,450
- $0.87
-
1613 W Ainsworth Drive Phoenix, AZ 5
- 3 beds 3 baths ∙ 2,546 Sqft ∙ Built 2004 3 beds 3 baths ∙ 2,546 Sqft ∙ Built 2004
LEASED 10/15/19- Rent
- Rent Per SQFT
- $2,500
- $0.98
PROPERTY LISTING DETAILS
Redfin Corporation
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6204603
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.
