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 2018
- Price/Sqft : $169.57
- 4 Days on Market
- MLS # : 6196069
- Updated Date : 02/20/2021 at 20:51
CONSTRUCTION
- Beds : 3
- Floor Size : 2,471 sqft
- Baths : 3 full
Listing Agent
West Usa Realty
Listing Agent's Description
NEWER HOME WITH ATTACHED EXTENDED RV GARAGE WITH A/C AND REAR GARAGE DOOR - ARTIFICIAL GRASS BACKYARD - 3 FULL BTHS - 3 BDRM + DEN + LOFT WITH WALK IN - UPGRADED KITCHEN WITH GRANITE COUNTER ISLAND - SHUTTERS IN KITCHEN AND FAMILY - COMMUNITY POOL AND TENNIS COURTS WITH PLAYGROUND - RV 45L X 16H GARAGE DOOR 14H - BUYER TO VERIFY ALL MEASUREMENTS
SEE MORE
PRICE & RENT TRENDS
Zip Code: 85387
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 85387
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,160 |
| EXPENSES | Loan Payment | -$1,455 |
| Property Tax | -$251 | |
| Property Insurance | -$75 | |
| HOA | -$62 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$218
|
||
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.
$419,000
PROJECTED PRICE
$2,160
PROJECTED RENT
0.52%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.17% |
| Appreciation Year (1-5) | 3.0% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.60% |
| 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
$116,785
LOAN DETAILS
$1,455
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $104,750 |
| Loan Amount | $314,250 |
7.92
YEARS SAVED
$43,388
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
-
$2,669
COMP ESTIMATED VALUE -
$1.08
COMP AVG. RENT PER SQFT
Comps Range
-
18206 W Tina Lane Surprise, AZ 1
- 3 beds 3 baths ∙ 2,471 Sqft ∙ Built 2018 3 beds 3 baths ∙ 2,471 Sqft ∙ Built 2018
- Rent
- Rent Per SQFT
- $0
- $0.00
-
24202 N 170th Lane Surprise, AZ 2
- 3 beds 3 baths ∙ 2,225 Sqft ∙ Built 2020 3 beds 3 baths ∙ 2,225 Sqft ∙ Built 2020
LEASED 11/24/20- Rent
- Rent Per SQFT
- $2,400
- $1.08
PROPERTY LISTING DETAILS
West Usa Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6196069
Last Updated: 02/20/2021
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.
