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PROPERTY INFO
FACTS
- Single Family
- Built In 2011
- Price/Sqft : $175.78
- 3 Days on Market
- MLS # : 6193264
- Updated Date : 02/12/2021 at 20:18
CONSTRUCTION
- Beds : 5
- Floor Size : 3,072 sqft
- Baths : 3 full , 1 half
Listing Agent
West Usa Realty
Listing Agent's Description
Stunning 5br/3.5ba Litchfield Park home. This rare beauty features dual master suites, Upgraded wood kitchen cabinetry with ''soft close'', KitchenAid dual ovens, 5 burner KitchenAid gas cook top and granite. Home theater systems in master and great room. Custom wall unit in great room to accommodate 80'' television. The custom home office features large work spaces for 2, solid wood cabinetry as well as a media center! Plantation shutter throughout. The backyard is a true paradise with a heated sparkling pool and raised spa, multiple water features, tumbled travertine pavered patios, professionally landscaped, synthetic grass (great for pets) and 3 car garage with storage. This home is in perfect move-in condition! This home is sure to go fast, come see it today!
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PRICE & RENT TRENDS
Neighborhood: Jackrabbit Estates
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Jackrabbit Estates
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,310 |
| EXPENSES | Loan Payment | -$1,876 |
| Property Tax | -$431 | |
| Property Insurance | -$87 | |
| HOA | -$147 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$329
|
||
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.
$540,000
PROJECTED PRICE
$2,310
PROJECTED RENT
0.43%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.35% |
| Appreciation Year (1-5) | 5.7% |
| 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
$148,850
LOAN DETAILS
$1,876
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $135,000 |
| Loan Amount | $405,000 |
2.25
YEARS SAVED
$8,218
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
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$0
LIST RENT -
$0
LIST RENT PER SQFT
-
$2,365
COMP ESTIMATED VALUE -
$0.77
COMP AVG. RENT PER SQFT
Comps Range
-
19258 W Oregon Avenue Litchfield Park, AZ 1
- 5 beds 4 baths ∙ 3,072 Sqft ∙ Built 2011 5 beds 4 baths ∙ 3,072 Sqft ∙ Built 2011
- Rent
- Rent Per SQFT
- $0
- $0.00
-
3616 N Brindley Avenue Litchfield Park, AZ 2
- 4 beds 3 baths ∙ 2,781 Sqft ∙ Built 2003 4 beds 3 baths ∙ 2,781 Sqft ∙ Built 2003
LEASED 02/01/20- Rent
- Rent Per SQFT
- $1,900
- $0.68
-
19320 W Oregon Avenue Litchfield Park, AZ 3
- 4 beds 3 baths ∙ 2,830 Sqft ∙ Built 2010 4 beds 3 baths ∙ 2,830 Sqft ∙ Built 2010
LEASED 04/21/20- Rent
- Rent Per SQFT
- $2,200
- $0.78
-
19340 W Pasadena Avenue Litchfield Park, AZ 4
- 4 beds 4 baths ∙ 3,072 Sqft ∙ Built 2013 4 beds 4 baths ∙ 3,072 Sqft ∙ Built 2013
LEASED 10/01/20- Rent
- Rent Per SQFT
- $2,600
- $0.85
PROPERTY LISTING DETAILS
West Usa Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6193264
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.
