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PROPERTY INFO
FACTS
- Single Family
- Built In 2003
- Price/Sqft : $204.12
- 3 Days on Market
- MLS # : 6193602
- Updated Date : 02/12/2021 at 18:17
CONSTRUCTION
- Beds : 3
- Floor Size : 2,253 sqft
- Baths : 2 full
Listing Agent
Realty One Group
Listing Agent's Description
Beautiful, updated Ryland home located in the Villages of Estrella Mountain Ranch. Popular Sycamore 3 bedroom, 2 bath plus den floor plan. The backyard is designed around the heated Pebble Tec pool so you can take advantage of our AZ weather and views of the Estrella Foothills while entertaining family and friends. The home is well maintained and lightly lived in. New upgrades & custom features throughout. New pool pump, heater, water heater, RO system, soft water system, granite, lighting, custom paint, etc. Too many to list. Come see for yourself! This awesome gem in the desert!
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PRICE & RENT TRENDS
Neighborhood: Estrella Mountain Ranch
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Estrella Mountain Ranch
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $1,840 |
EXPENSES | Loan Payment | -$1,597 |
Property Tax | -$407 | |
Property Insurance | -$71 | |
HOA | -$36 | |
Property Management Fees | -$99 | |
CASH FLOW
-$370
|
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.
$459,888
PROJECTED PRICE
$1,840
PROJECTED RENT
0.40%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 3.17% |
Appreciation Year (1-5) | 6.3% |
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
$127,620
LOAN DETAILS
$1,597
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 3.75% |
Down Payment | $114,972 |
Loan Amount | $344,916 |
1.42
YEARS SAVED
$3,077
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,840
LIST RENT -
$0.82
LIST RENT PER SQFT
-
$2,146
COMP ESTIMATED VALUE -
$0.95
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Realty One Group
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6193602
Last Updated: 02/12/2021

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.