Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more
REQUEST INFO
SCHEDULE APPOINTMENT
It's free, with no obligation
PROPERTY INFO
FACTS
- Single Family
- Built In 2002
- Price/Sqft : $156.34
- 2 Days on Market
- MLS # : 6160729
- Updated Date : 11/14/2020 at 15:00
CONSTRUCTION
- Beds : 4
- Floor Size : 1,726 sqft
- Baths : 2 full
Listing Agent
Keller Williams Arizona Realty
Listing Agent's Description
This great family home offers 4 bedrooms & 2 full baths in 1726 SqFt with an open concept floor plan. The kitchen has oak cabinetry, granite countertops, glass tile backsplash, stainless appliances, walk-in pantry, and island with breakfast bar. Sliding doors lead out to the covered patio and grass backyard with block fencing and no backyard neighbors. The master bedroom has a private bath with dual sink vanity, separate tub & shower and walk-in closet. Other features include a 2 car garage, stone exterior elevation, crown molding, custom window casings and chair rail, and much more! Schedule your showing today!
SEE MORE
PRICE & RENT TRENDS
Neighborhood: Estrella
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Estrella
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,360 |
| EXPENSES | Loan Payment | -$996 |
| Property Tax | -$175 | |
| Property Insurance | -$61 | |
| HOA | -$60 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$30
|
||
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.
$269,850
PROJECTED PRICE
$1,360
PROJECTED RENT
0.50%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.32% |
| Appreciation Year (1-5) | 9.4% |
| 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
$77,260
LOAN DETAILS
$996
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $67,463 |
| Loan Amount | $202,388 |
4.92
YEARS SAVED
$15,832
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,360
LIST RENT -
$0.79
LIST RENT PER SQFT
-
$1,454
COMP ESTIMATED VALUE -
$0.84
COMP AVG. RENT PER SQFT
Comps Range
-
1813 S 83rd Drive Tolleson, AZ 1
- 4 beds 2 baths ∙ 1,726 Sqft ∙ Built 2002 4 beds 2 baths ∙ 1,726 Sqft ∙ Built 2002
![property image]()
- Rent
- Rent Per SQFT
- $1,360
- $0.79
-
8102 W Gibson Lane Phoenix, AZ 2
- 4 beds 2 baths ∙ 1,827 Sqft ∙ Built 2001 4 beds 2 baths ∙ 1,827 Sqft ∙ Built 2001
![property image]()
LEASED 12/01/19- Rent
- Rent Per SQFT
- $1,395
- $0.76
-
8913 W Hess Street Tolleson, AZ 3
- 3 beds 2 baths ∙ 1,604 Sqft ∙ Built 2004 3 beds 2 baths ∙ 1,604 Sqft ∙ Built 2004
![property image]()
LEASED 02/17/20- Rent
- Rent Per SQFT
- $1,395
- $0.87
-
8610 W Chickasaw Street Tolleson, AZ 4
- 3 beds 2 baths ∙ 1,890 Sqft ∙ Built 2002 3 beds 2 baths ∙ 1,890 Sqft ∙ Built 2002
![property image]()
LEASED 01/17/20- Rent
- Rent Per SQFT
- $1,450
- $0.77
-
8319 W Whyman Avenue Tolleson, AZ 5
- 4 beds 2 baths ∙ 1,619 Sqft ∙ Built 2001 4 beds 2 baths ∙ 1,619 Sqft ∙ Built 2001
![property image]()
LEASED 01/01/20- Rent
- Rent Per SQFT
- $1,570
- $0.97
PROPERTY LISTING DETAILS
Keller Williams Arizona Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6160729
Last Updated: 11/14/2020
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.
