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PROPERTY INFO
FACTS
- Single Family
- Built In 2007
- Price/Sqft : $117.66
- 4 Days on Market
- MLS # : 6178007
- Updated Date : 01/09/2021 at 21:57
CONSTRUCTION
- Beds : 5
- Floor Size : 3,391 sqft
- Baths : 3 full
Listing Agent
Nexgen Real Estate
Listing Agent's Description
***ASTOUNDING HOME*** This Jaw Dropping Beauty comes with EXCELLENT UPGRADES!! Including Cathedral Soaring Ceilings, 5 Large Bedrooms and 3 FULL Bathrooms Cozy Bamboo Flooring and Tile in all right Places, Formal Dining Family Room N Loft/Game Room ready to entertain Large crowds. The Kitchen is LOADED with SS Appliances, Granite Tops, Dual Ovens, Microwave, Island N a PLETORA of Cabinets, 2 Tone paint, HUGE Master with Separate Shower/Tub Bathroom N a Relaxing Back Terrace to enjoy the Starry Nights or Mountain Views, the back yard is Perfectly Laid out with Pavers, Trees and Artificial Grass Custom Drapery in Most of Windows and Bottom Floor room can be Easily converted into A MANCAVE/OFFICE or INLAW's Set Up Come on Down Make it your first N Last Showing Guaranteed You'll LOVE IT THANKS
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PRICE & RENT TRENDS
Neighborhood: Waddell
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Waddell
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $1,850 |
EXPENSES | Loan Payment | -$1,386 |
Property Tax | -$239 | |
Property Insurance | -$93 | |
HOA | -$85 | |
Property Management Fees | -$99 | |
CASH FLOW
-$52
|
This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 14% of earned rent to cover both maintenance and periods of vacancy.
$399,000
PROJECTED PRICE
$1,850
PROJECTED RENT
0.46%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 3.35% |
Appreciation Year (1-5) | 5.5% |
Maintenance Year (1-5) | 8.00% |
Vacancy | 6.24% |
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
$111,485
LOAN DETAILS
$1,386
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 3.75% |
Down Payment | $99,750 |
Loan Amount | $299,250 |
4.58
YEARS SAVED
$18,798
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
-
$1,975
COMP ESTIMATED VALUE -
$0.58
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Nexgen Real Estate
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6178007
Last Updated: 01/09/2021

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.