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
It's free, with no obligation
PROPERTY INFO
FACTS
- Single Family
- Built In 2020
- Price/Sqft : $185.46
- 2 Days on Market
- MLS # : 6184987
- Updated Date : 01/23/2021 at 20:37
CONSTRUCTION
- Beds : 4
- Floor Size : 2,372 sqft
- Baths : 2 full , 1 half
Listing Agent
Arizona Premier Realty Homes & Land, Llc
Listing Agent's Description
Beautiful curb appeal for this gorgeous 4 bed, 3 bath home with a 3 car garage, RV gates & parking. Plank tile floors throughout the main areas. Stylish gray & white color palette. Spacious open floor plan for the kitchen, dining and family room. The eat-in kitchen has a plethora of custom cabinets, quartz counters, gas cooktop, wall mount oven & microwave, island with breakfast bar seating. Powder room off main living area. Bedrooms have plush carpeting & ceiling fans. The master has a 3/4 bath with a double vanity, and walk-in closet. Formal dining room being used as bonus room. Nice laundry room, and central air. The large backyard has a covered patio and plenty of room for you to create your own oasis! This home is move-in ready and lived in only 5 months. Make this your new home today
SEE MORE
PRICE & RENT TRENDS
Neighborhood: Las Brisas
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Las Brisas
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $1,810 |
EXPENSES | Loan Payment | -$1,528 |
Property Tax | -$255 | |
Property Insurance | -$73 | |
HOA | -$104 | |
Property Management Fees | -$99 | |
CASH FLOW
-$249
|
This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 9% of earned rent to cover both maintenance and periods of vacancy.
$439,900
PROJECTED PRICE
$1,810
PROJECTED RENT
0.41%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 3.35% |
Appreciation Year (1-5) | 7.0% |
Maintenance Year (1-5) | 3.00% |
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
$118,574
LOAN DETAILS
$1,528
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 3.75% |
Down Payment | $109,975 |
Loan Amount | $329,925 |
2.5
YEARS SAVED
$8,511
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
-
$1,951
COMP ESTIMATED VALUE -
$0.82
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Arizona Premier Realty Homes & Land, Llc
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6184987
Last Updated: 01/23/2021

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.