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PROPERTY INFO
FACTS
- Single Family
- Built In 2014
- Price/Sqft : $182.85
- 3 Days on Market
- MLS # : 6196204
- Updated Date : 02/20/2021 at 20:17
CONSTRUCTION
- Beds : 3
- Floor Size : 1,668 sqft
- Baths : 2 full
Listing Agent
The Maricopa Real Estate Co
Listing Agent's Description
WOW!This home offers so much! Gorgeous HEATED pool with rock slide, and cool deck, 3 Bedrooms 2 Bathrrooms, New granite in kitchen, new laminate floors in main areas and bedrooms, all newer kitchen appliances that convey to buyer, tankless water heater, 2 Master Closets, Speakers, Low E Windows, Green belt behind home so no neighbors. AWESOME SOLAR LEASE $16.15 a month and does not go up and MORE! This home will not last so hurry to see it.
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PRICE & RENT TRENDS
Zip Code: 85138
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 85138
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,240 |
| EXPENSES | Loan Payment | -$1,059 |
| Property Tax | -$285 | |
| Property Insurance | -$60 | |
| HOA | -$73 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$336
|
||
This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 14% of earned rent to cover both maintenance and periods of vacancy.
$305,000
PROJECTED PRICE
$1,240
PROJECTED RENT
0.41%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.35% |
| Appreciation Year (1-5) | 7.0% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.24% |
| 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
$86,575
LOAN DETAILS
$1,059
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $76,250 |
| Loan Amount | $228,750 |
0.5
YEARS SAVED
$454
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
-
$1,238
COMP ESTIMATED VALUE -
$0.74
COMP AVG. RENT PER SQFT
Comps Range
-
17244 N Rosemont Street Maricopa, AZ 1
- 3 beds 2 baths ∙ 1,668 Sqft ∙ Built 2014 3 beds 2 baths ∙ 1,668 Sqft ∙ Built 2014
- Rent
- Rent Per SQFT
- $0
- $0.00
-
42490 W Mira Court Maricopa, AZ 2
- 3 beds 2 baths ∙ 1,725 Sqft ∙ Built 2007 3 beds 2 baths ∙ 1,725 Sqft ∙ Built 2007
LEASED 10/08/19- Rent
- Rent Per SQFT
- $1,200
- $0.70
-
42541 W Sussex Road Maricopa, AZ 3
- 3 beds 2 baths ∙ 1,560 Sqft ∙ Built 2012 3 beds 2 baths ∙ 1,560 Sqft ∙ Built 2012
LEASED 02/21/20- Rent
- Rent Per SQFT
- $1,250
- $0.80
-
42969 W Elizabeth Avenue Maricopa, AZ 4
- 3 beds 2 baths ∙ 1,817 Sqft ∙ Built 2009 3 beds 2 baths ∙ 1,817 Sqft ∙ Built 2009
LEASED 04/22/20- Rent
- Rent Per SQFT
- $1,325
- $0.73
-
42150 W Ramona Street Maricopa, AZ 5
- 3 beds 2 baths ∙ 1,948 Sqft ∙ Built 2006 3 beds 2 baths ∙ 1,948 Sqft ∙ Built 2006
LEASED 07/11/20- Rent
- Rent Per SQFT
- $1,450
- $0.74
PROPERTY LISTING DETAILS
The Maricopa Real Estate Co
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6196204
Last Updated: 02/20/2021
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.
