Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more
REQUEST INFO
SCHEDULE APPOINTMENT
It's free, with no obligation
PROPERTY INFO
FACTS
- Single Family
- Built In 2004
- Price/Sqft : $292.30
- 3 Days on Market
- MLS # : 6185098
- Updated Date : 02/06/2021 at 22:19
CONSTRUCTION
- Beds : 3
- Floor Size : 1,454 sqft
- Baths : 2 full
Listing Agent
Daisy Dream Homes Real Estate, Llc
Listing Agent's Description
Looking for that peaceful easy feeling? This is the home for you! Gorgeous golf course and mountain views on your paver covered patio. Perfect year round or vacation retreat. 3 bedrooms, 2 bathrooms, new carpet, new interior paint, granite counters, gas cook top range, washer, dryer and refrigerator included. Split master suite with two closets. Lots of natural light. Open floor plan. Attached garage cabinets. Located in the guard gated award winning community of Anthem Country Club a Club Corp. property. Come see!
SEE MORE
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 | $1,910 |
| EXPENSES | Loan Payment | -$1,476 |
| Property Tax | -$397 | |
| Property Insurance | -$56 | |
| HOA | -$135 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$252
|
||
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.
$425,000
PROJECTED PRICE
$1,910
PROJECTED RENT
0.45%
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
$118,375
LOAN DETAILS
$1,476
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $106,250 |
| Loan Amount | $318,750 |
2
YEARS SAVED
$5,407
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,910
LIST RENT -
$1.31
LIST RENT PER SQFT
-
$1,541
COMP ESTIMATED VALUE -
$1.06
COMP AVG. RENT PER SQFT
Comps Range
-
1760 W Morse Drive Anthem, AZ 5
- 3 beds 2 baths ∙ 1,454 Sqft ∙ Built 2004 3 beds 2 baths ∙ 1,454 Sqft ∙ Built 2004
- Rent
- Rent Per SQFT
- $1,910
- $1.31
-
40012 N River Bend Road Anthem, AZ 1
- 3 beds 2 baths ∙ 1,432 Sqft ∙ Built 2005 3 beds 2 baths ∙ 1,432 Sqft ∙ Built 2005
LEASED 04/01/20- Rent
- Rent Per SQFT
- $1,500
- $1.05
-
1776 W Owens Way Anthem, AZ 2
- 3 beds 2 baths ∙ 1,454 Sqft ∙ Built 2004 3 beds 2 baths ∙ 1,454 Sqft ∙ Built 2004
LEASED 04/18/20- Rent
- Rent Per SQFT
- $1,500
- $1.03
-
1948 W Kuralt Drive Anthem, AZ 3
- 3 beds 2 baths ∙ 1,432 Sqft ∙ Built 2004 3 beds 2 baths ∙ 1,432 Sqft ∙ Built 2004
LEASED 06/24/20- Rent
- Rent Per SQFT
- $1,550
- $1.08
-
1909 W Spirit Court Anthem, AZ 4
- 3 beds 2 baths ∙ 1,616 Sqft ∙ Built 2003 3 beds 2 baths ∙ 1,616 Sqft ∙ Built 2003
LEASED 04/27/20- Rent
- Rent Per SQFT
- $1,750
- $1.08
PROPERTY LISTING DETAILS
Daisy Dream Homes Real Estate, Llc
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6185098
Last Updated: 02/06/2021
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.
