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PROPERTY INFO
FACTS
- Single Family
- Built In 2017
- Price/Sqft : $178.23
- 2 Days on Market
- MLS # : 6191752
- Updated Date : 02/12/2021 at 22:53
CONSTRUCTION
- Beds : 4
- Floor Size : 2,522 sqft
- Baths : 2 full , 1 half
Listing Agent
Jc Realty
Listing Agent's Description
ENERGY STAR rated, beautifully upgraded ROCKWELL in Zanjero Trails with MOUNTAIN VIEWS! 3 Zone A/C system! Stunning tile throughout w/ carpet in bedrooms. Floor plan offers great entertaining space with large dining room, living room off kitchen, and large island with bar seating. Kitchen upgrades include staggered cabinets, granite countertops, walk-in pantry, coffee/wine bar area, double ovens, stainless steel appliances, GAS stove, and plenty of storage!! Backyard is COMPLETELY FINISHED with ARTIFICIAL GRASS and PAVERS. SUNSCREENS on ALL windows for energy efficiency. SOLAR panels owned after paid off. Monthly payment of $211 (fixed)! APS in credit status!
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PRICE & RENT TRENDS
Zip Code: 85388
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 85388
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,710 |
| EXPENSES | Loan Payment | -$1,561 |
| Property Tax | -$269 | |
| Property Insurance | -$76 | |
| HOA | -$89 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$385
|
||
This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 14% of earned rent to cover both maintenance and periods of vacancy.
$449,500
PROJECTED PRICE
$1,710
PROJECTED RENT
0.38%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.35% |
| Appreciation Year (1-5) | 6.1% |
| Maintenance Year (1-5) | 8.00% |
| 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
$124,868
LOAN DETAILS
$1,561
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $112,375 |
| Loan Amount | $337,125 |
1.42
YEARS SAVED
$3,216
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,710
LIST RENT -
$0.68
LIST RENT PER SQFT
-
$1,822
COMP ESTIMATED VALUE -
$0.72
COMP AVG. RENT PER SQFT
Comps Range
-
18834 W Yucatan Drive Surprise, AZ 2
- 4 beds 3 baths ∙ 2,522 Sqft ∙ Built 2017 4 beds 3 baths ∙ 2,522 Sqft ∙ Built 2017
![property image]()
- Rent
- Rent Per SQFT
- $1,710
- $0.68
-
18625 W Turquoise Avenue Waddell, AZ 1
- 4 beds 3 baths ∙ 2,305 Sqft ∙ Built 2015 4 beds 3 baths ∙ 2,305 Sqft ∙ Built 2015
![property image]()
LEASED 11/15/19- Rent
- Rent Per SQFT
- $1,495
- $0.65
-
9803 N 185th Drive Waddell, AZ 3
- 5 beds 3 baths ∙ 2,583 Sqft ∙ Built 2016 5 beds 3 baths ∙ 2,583 Sqft ∙ Built 2016
![property image]()
LEASED 03/20/20- Rent
- Rent Per SQFT
- $1,785
- $0.69
-
10929 N 188th Drive Surprise, AZ 4
- 3 beds 3 baths ∙ 2,224 Sqft ∙ Built 2019 3 beds 3 baths ∙ 2,224 Sqft ∙ Built 2019
![property image]()
LEASED 04/05/20- Rent
- Rent Per SQFT
- $1,799
- $0.81
-
19017 W Yucatan Drive Surprise, AZ 5
- 4 beds 3 baths ∙ 2,687 Sqft ∙ Built 2018 4 beds 3 baths ∙ 2,687 Sqft ∙ Built 2018
![property image]()
LEASED 04/05/20- Rent
- Rent Per SQFT
- $1,985
- $0.74
PROPERTY LISTING DETAILS
Jc Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6191752
Last Updated: 02/12/2021
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.
