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17943 N Pietra Road 
Maricopa, AZ
85138
3 Beds 2 Baths 1,556 sqft
Built 2019
INVESTimate
$249,900
List Price
$68,224
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PROPERTY INFO
FACTS
- Built In 2019
- Price/Sqft : $160.60
- 1 Days on Market
- MLS # : 6121845
- Updated Date : 08/25/2020 at 20:20
CONSTRUCTION
- Beds : 3
- Floor Size : 1,556 sqft
- Baths : 2 full
Listing Agent
Long Realty Uptown
Listing Agent's Description
Shows like a model built in 2019, CORNER LOT, no neighbors in front of your gorgeous mountain views. This single level home has tile throughout, and carpet only in the bedrooms. NEW Plantation shutters, Granite countertops, stainless steel appliances, updated plumbing fixtures throughout. Garage has 20amp outlet custom garage cabinets and work bench. Custom cabinetry in your laundry room stays with the washer and dryer. Ceiling fans throughout the home and the patio too for those beautiful AZ sunrise and sunsets. The backyard is ALL COMPLETE. There is too much to list on this home, this won't last long on the market. *** Sellers do need a COE 10/13.***MARKETING PHOTOS IN PROGRESS***
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PRICE & RENT TRENDS
Zip Code: 85138
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 85138
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,210 |
| EXPENSES | Loan Payment | -$922 |
| Property Tax | -$234 | |
| Property Insurance | -$58 | |
| HOA | -$76 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$178
|
||
This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 9% of earned rent to cover both maintenance and periods of vacancy.
$249,900
PROJECTED PRICE
$1,210
PROJECTED RENT
0.48%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.35% |
| Appreciation Year (1-5) | 7.03% |
| Maintenance Year (1-5) | 3.00% |
| Vacancy | 6.24% |
| Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$68,224
LOAN DETAILS
$922
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $62,475 |
| Loan Amount | $187,425 |
2.08
YEARS SAVED
$3,999
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,210
LIST RENT -
$0.78
LIST RENT PER SQFT
-
$1,206
COMP ESTIMATED VALUE -
$0.77
COMP AVG. RENT PER SQFT
Comps Range
-
17943 N Pietra Road Maricopa, 1
- 3 beds 2 baths ∙ 1,556 Sqft ∙ Built 2019 3 beds 2 baths ∙ 1,556 Sqft ∙ Built 2019
![property image]()
- Rent
- Rent Per SQFT
- $1,210
- $0.78
-
36837 W Mediterranean Way Maricopa, 2
- 3 beds 2 baths ∙ 1,600 Sqft ∙ Built 2019 3 beds 2 baths ∙ 1,600 Sqft ∙ Built 2019
![property image]()
LEASED 03/06/20- Rent
- Rent Per SQFT
- $1,295
- $0.81
-
36508 W Montserrat Street Maricopa, 3
- 3 beds 2 baths ∙ 1,700 Sqft ∙ Built 2019 3 beds 2 baths ∙ 1,700 Sqft ∙ Built 2019
![property image]()
LEASED 01/15/20- Rent
- Rent Per SQFT
- $1,300
- $0.76
-
17902 N Pietra Road Maricopa, 4
- 3 beds 2 baths ∙ 1,677 Sqft ∙ Built 2019 3 beds 2 baths ∙ 1,677 Sqft ∙ Built 2019
![property image]()
LEASED 08/01/19- Rent
- Rent Per SQFT
- $1,325
- $0.79
-
18477 N Ravello Road Maricopa, 5
- 3 beds 2 baths ∙ 1,854 Sqft ∙ Built 2016 3 beds 2 baths ∙ 1,854 Sqft ∙ Built 2016
![property image]()
LEASED 01/01/20- Rent
- Rent Per SQFT
- $1,375
- $0.74
PROPERTY LISTING DETAILS
Long Realty Uptown
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6121845
Last Updated: 08/25/2020
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.
