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1761 N St Francis Place Casa Grande, AZ 85122

3 Beds 3 Baths 2,374 sqft Built 2007

$284,900

List Price

$1,460

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

January 22, 2021 RECENTLY ADDED
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)

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Tamaron

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260k280kPrice in $83k299k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Neighborhood: Tamaron

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2900950100010501100115012001250130013501400145015001550Rent in $8621567

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Ironwood Elementary School Primary Regular 460 24 4
Cactus Middle School Middle Regular 919 39 5
Vista Grande High Regular 1,907 68 3

Ironwood Elementary School

  • Education Level: Primary
  • # of students: 460
  • # of teachers: 24
4
GreatSchools Rating

Cactus Middle School

  • Education Level: Middle
  • # of students: 919
  • # of teachers: 39
5
GreatSchools Rating

Vista Grande

  • Education Level: High
  • # of students: 1,907
  • # of teachers: 68
3
GreatSchools Rating
 

$256,410$313,390$284,900

PURCHASE PRICE

$1,314$1,606$1,460

RENT

DOWN PAYMENT
FINANCING

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

ASSUMPTIONS

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
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k$900k

PROJECTED ANNUAL CASH FLOW

11530-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$81,249

INVESTMENT

$81,249

Down Payment
$71,225
Rehab Estimate
$5,750
Closing Costs
$4,274

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 45% down payment or higher enables the proceeds from the asset to cover all costs.

$990

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $71,225
Loan Amount $213,675
See What Happens When You Reinvest Cash Flow

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
$1,400
1$1,4002$1,4603$1,5454$1,800
$1,800
RENT COMPS ANALYSIS
  • 1761 N St Francis Place Casa Grande, AZ 2
    • 3 beds 3 baths ∙ 2,374 Sqft ∙ Built 2007 3 beds 3 baths ∙ 2,374 Sqft ∙ Built 2007
    • Rent
    • Rent Per SQFT
    •  
    • $1,460
    • $0.61
    •  
  • 1358 E Colorado Loop Casa Grande, AZ 1
    • 4 beds 3 baths ∙ 2,325 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,325 Sqft ∙ Built 2006
    LEASED 09/16/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.60
    •  
  • 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
Mindi Dawkins
Arizona Home Pro's
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6184514
Last Updated: 01/24/2021
support@investimateroi.com

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.

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