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PROPERTY INFO
FACTS
- Single Family
- Built In 2007
- Price/Sqft : $120.01
- 3 Days on Market
- MLS # : 6184514
- Updated Date : 01/24/2021 at 04:07
CONSTRUCTION
- Beds : 3
- Floor Size : 2,374 sqft
- Baths : 3 full
Listing Agent
Arizona Home Pro's
Listing Agent's Description
This striking home 3 bedroom, 3 bathroom, PLUS Bonus room & Pebble tech Pool has it ALL! This popular floor plan offers, formal living and dining room, sun screens, spacious kitchen perfect for gathering with island, granite counter tops and stainless steel appliances. The downstairs bonus room offers flexibility to be used as an office, den or media room and is adjacent too the FULL downstairs bathroom. Upstairs you will be delighted ginormous secondary bedrooms and guest bath with double vanity The owners suite has double vanity, separate tub and shower and walk-in closet. Step out back to enjoy the gorgeous pebble tech pool, low maintenance landscaping and fire pit. (Pool has removable fence)
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PRICE & RENT TRENDS
Neighborhood: Tamaron
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Tamaron
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,460 |
| EXPENSES | Loan Payment | -$990 |
| Property Tax | -$216 | |
| Property Insurance | -$73 | |
| HOA | -$58 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$24
|
||
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.
$284,900
PROJECTED PRICE
$1,460
PROJECTED RENT
0.51%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.32% |
| Appreciation Year (1-5) | 4.9% |
| 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
$81,249
LOAN DETAILS
$990
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $71,225 |
| Loan Amount | $213,675 |
5.58
YEARS SAVED
$17,305
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,460
LIST RENT -
$0.61
LIST RENT PER SQFT
-
$1,662
COMP ESTIMATED VALUE -
$0.7
COMP AVG. RENT PER SQFT
Comps Range
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1761 N St Francis Place Casa Grande, AZ 2
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- $1,460
- $0.61
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1358 E Colorado Loop Casa Grande, AZ 1
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LEASED 09/16/19- Rent
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- $1,400
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451 E Dartmouth Drive Casa Grande, AZ 3
- 4 beds 2 baths ∙ 2,114 Sqft ∙ Built 2004 4 beds 2 baths ∙ 2,114 Sqft ∙ Built 2004
LEASED 02/13/20- Rent
- Rent Per SQFT
- $1,545
- $0.73
-
1359 E Colorado Loop Casa Grande, AZ 4
- 3 beds 2 baths ∙ 2,325 Sqft ∙ Built 2006 3 beds 2 baths ∙ 2,325 Sqft ∙ Built 2006
LEASED 01/20/21- Rent
- Rent Per SQFT
- $1,800
- $0.77
PROPERTY LISTING DETAILS
Arizona Home Pro's
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6184514
Last Updated: 01/24/2021
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.
