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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!
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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
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.