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PROPERTY INFO
FACTS
- Single Family
- Built In 2016
- Price/Sqft : $162.65
- 3 Days on Market
- MLS # : 6193767
- Updated Date : 02/13/2021 at 21:02
CONSTRUCTION
- Beds : 3
- Floor Size : 1,537 sqft
- Baths : 2 full , 1 half
Listing Agent
Keller Williams Realty Sonoran Living
Listing Agent's Description
Welcome to the desirable Community of Vinsanto. Fantastic Townhouse w/2 bedrooms downstairs & the master retreat upstairs. Plush carpet, neutral tile floors, window blinds, ceiling fans, Lovely outdoor patio for outdoor entertaining. This great room floor plan features a dining area, upgraded lighting, granite kitchen counters, SS appliances, breakfast bar, & handsome wood cabinets. Generous size bedrooms, ample closets, 2.5 pristine baths, & interior laundry closet. Private master en suite & balcony. Community Pool, Picnic Area, Playground, & Sports Court. This wonderful home will not disappoint!
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PRICE & RENT TRENDS
Neighborhood: Vinsanto
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Vinsanto
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,410 |
| EXPENSES | Loan Payment | -$868 |
| Property Tax | -$151 | |
| Property Insurance | -$57 | |
| HOA | -$137 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$98
|
||
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.
$250,000
PROJECTED PRICE
$1,410
PROJECTED RENT
0.56%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.32% |
| Appreciation Year (1-5) | 5.9% |
| 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
$72,000
LOAN DETAILS
$868
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $62,500 |
| Loan Amount | $187,500 |
7.17
YEARS SAVED
$21,649
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,410
LIST RENT -
$0.92
LIST RENT PER SQFT
-
$1,410
COMP ESTIMATED VALUE -
$0.92
COMP AVG. RENT PER SQFT
Comps Range
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LEASED 03/20/20- Rent
- Rent Per SQFT
- $1,450
- $0.91
PROPERTY LISTING DETAILS
Keller Williams Realty Sonoran Living
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6193767
Last Updated: 02/13/2021
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.
