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PROPERTY INFO
FACTS
- Single Family
- Built In 2018
- Price/Sqft : $171.00
- 3 Days on Market
- MLS # : 6193698
- Updated Date : 02/13/2021 at 01:28
CONSTRUCTION
- Beds : 3
- Floor Size : 1,900 sqft
- Baths : 2 full , 1 half
Listing Agent
Keller Williams Elite
Listing Agent's Description
Check out this dreamy 3 bed, 2.5 bath property in the highly desired Verrado Community! This home provides great curb appeal and a front porch perfect for enjoying our beautiful Arizona weather! Step inside to find a neutral color palette throughout the entire house. Kitchen offers high-end appliances, gas range, centered island w/breakfast bar, beautiful pendant lighting, granite counter-tops, large pantry, and much more. Master bedroom comes with a wide double-door entry and a lavish en-suite with large walk-in closet. This perfect home is complete with a 2 car garage and out back you have a paver patio with gorgeous mountain views and so much potential to make it your own! Call to schedule a showing today!
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PRICE & RENT TRENDS
Neighborhood: Sienna Hills
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Sienna Hills
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $1,630 |
EXPENSES | Loan Payment | -$1,129 |
Property Tax | -$302 | |
Property Insurance | -$64 | |
HOA | -$133 | |
Property Management Fees | -$99 | |
CASH FLOW
-$96
|
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.
$324,900
PROJECTED PRICE
$1,630
PROJECTED RENT
0.50%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 3.35% |
Appreciation Year (1-5) | 2.5% |
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
$91,849
LOAN DETAILS
$1,129
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 3.75% |
Down Payment | $81,225 |
Loan Amount | $243,675 |
3.5
YEARS SAVED
$9,947
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,630
LIST RENT -
$0.86
LIST RENT PER SQFT
-
$1,800
COMP ESTIMATED VALUE -
$0.95
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Keller Williams Elite
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6193698
Last Updated: 02/13/2021

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.