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PROPERTY INFO
FACTS
- Single Family
- Built In 2012
- Price/Sqft : $109.64
- 1 Days on Market
- MLS # : 6179250
- Updated Date : 01/10/2021 at 02:55
CONSTRUCTION
- Beds : 5
- Floor Size : 4,067 sqft
- Baths : 3 full
Listing Agent
West Usa Realty
Listing Agent's Description
Need your own space? This house has all the space! There's FIVE Bedrooms PLUS a HUGE LOFT! One guest bedroom w/ Walk-in closet is downstairs next to a FULL bathroom. You can do alot in this room. Formal LR/DR PLUS Family RM are downstairs, along with a LAVISH Kitchen. Granite Counters, Island and BIG Pantry! There's so much storage in this house. Upstairs Master BR is oversized and separate Shower/Tub with one of the largest Walk-in Closets I've ever seen. Two secondary bedrooms have walk-in closets as well. Did I mention a 3-car garage? The backyard is lavish, with Lemon and Orange trees now in Peak! There's still some for you when you move in! Nice covered Patio and there's leased solar from Tesla, so no big electric bill! This house has so much to offer, MUST SEE!
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PRICE & RENT TRENDS
Neighborhood: White Tank Foothills
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: White Tank Foothills
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,410 |
| EXPENSES | Loan Payment | -$1,549 |
| Property Tax | -$267 | |
| Property Insurance | -$106 | |
| HOA | -$32 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$357
|
||
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.
$445,900
PROJECTED PRICE
$2,410
PROJECTED RENT
0.54%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.17% |
| Appreciation Year (1-5) | 6.2% |
| 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
$123,914
LOAN DETAILS
$1,549
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $111,475 |
| Loan Amount | $334,425 |
9.5
YEARS SAVED
$60,135
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$0
LIST RENT -
$0
LIST RENT PER SQFT
-
$2,806
COMP ESTIMATED VALUE -
$0.69
COMP AVG. RENT PER SQFT
Comps Range
-
17925 W Diana Avenue Waddell, AZ 1
- 5 beds 3 baths ∙ 4,067 Sqft ∙ Built 2012 5 beds 3 baths ∙ 4,067 Sqft ∙ Built 2012
- Rent
- Rent Per SQFT
- $0
- $0.00
-
10016 N 184th Drive Waddell, AZ 2
- 5 beds 4 baths ∙ 3,913 Sqft ∙ Built 2006 5 beds 4 baths ∙ 3,913 Sqft ∙ Built 2006
LEASED 10/01/20- Rent
- Rent Per SQFT
- $2,700
- $0.69
PROPERTY LISTING DETAILS
West Usa Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6179250
Last Updated: 01/10/2021
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. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
