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PROPERTY INFO
FACTS
- Single Family
- Built In 2001
- Price/Sqft : $147.00
- 2 Days on Market
- MLS # : 6165559
- Updated Date : 11/28/2020 at 15:30
CONSTRUCTION
- Beds : 4
- Floor Size : 1,699 sqft
- Baths : 2 full
Listing Agent
West Usa Realty
Listing Agent's Description
A fantastic 3 bed + Den. Why pay Gilbert prices when you can work from home here? Inside you'll find large dining and living areas with designer paint throughout ALL NEW carpet and gorgeous wood-like flooring. The kitchen is equipped with ample cabinet and counter space, a pantry, and a lovely breakfast bar. The gorgeous master bedroom boasts a full bath along with a spacious closet for all your belongings. Finally the large backyard with its cozy patio, is perfect for kicking back and relaxing . What are you waiting for? Schedule a showing today!
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PRICE & RENT TRENDS
Neighborhood: Apache Junction
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Apache Junction
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,410 |
| EXPENSES | Loan Payment | -$921 |
| Property Tax | -$102 | |
| Property Insurance | -$60 | |
| HOA | -$38 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$189
|
||
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.
$249,745
PROJECTED PRICE
$1,410
PROJECTED RENT
0.56%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.32% |
| Appreciation Year (1-5) | 8.9% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.56% |
| 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
$71,932
LOAN DETAILS
$921
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $62,436 |
| Loan Amount | $187,309 |
9.5
YEARS SAVED
$39,032
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
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$0
LIST RENT -
$0
LIST RENT PER SQFT
-
$1,482
COMP ESTIMATED VALUE -
$0.87
COMP AVG. RENT PER SQFT
Comps Range
-
1745 E 38th Avenue Apache Junction, AZ 1
- 4 beds 2 baths ∙ 1,699 Sqft ∙ Built 2001 4 beds 2 baths ∙ 1,699 Sqft ∙ Built 2001
![property image]()
- Rent
- Rent Per SQFT
- $0
- $0.00
-
3295 S Conestoga Road Apache Junction, AZ 2
- 3 beds 3 baths ∙ 1,615 Sqft ∙ Built 2001 3 beds 3 baths ∙ 1,615 Sqft ∙ Built 2001
![property image]()
LEASED 04/20/20- Rent
- Rent Per SQFT
- $1,347
- $0.83
-
2316 E Yuma Avenue Apache Junction, AZ 3
- 3 beds 2 baths ∙ 1,559 Sqft ∙ Built 2015 3 beds 2 baths ∙ 1,559 Sqft ∙ Built 2015
![property image]()
LEASED 10/15/19- Rent
- Rent Per SQFT
- $1,350
- $0.87
-
1032 E Santa Cruz Lane Apache Junction, AZ 4
- 3 beds 2 baths ∙ 1,604 Sqft ∙ Built 1999 3 beds 2 baths ∙ 1,604 Sqft ∙ Built 1999
![property image]()
LEASED 09/10/20- Rent
- Rent Per SQFT
- $1,450
- $0.90
-
3301 S Goldfield Road #5004 Apache Junction, AZ 5
- 3 beds 3 baths ∙ 1,900 Sqft ∙ Built 2005 3 beds 3 baths ∙ 1,900 Sqft ∙ Built 2005
![property image]()
LEASED 08/15/19- Rent
- Rent Per SQFT
- $1,700
- $0.89
PROPERTY LISTING DETAILS
West Usa Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6165559
Last Updated: 11/28/2020
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.
