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PROPERTY INFO
FACTS
- Single Family
- Built In 2001
- Price/Sqft : $188.19
- 2 Days on Market
- MLS # : 6197001
- Updated Date : 02/20/2021 at 07:19
CONSTRUCTION
- Beds : 4
- Floor Size : 1,541 sqft
- Baths : 2 full , 1 half
Listing Agent
Dpr Realty Llc
Listing Agent's Description
Beautiful 4 bed, 2.5 bath home located in the great community of Ironwood Estates with views of Superstition Mountains. Generous sized bedrooms, laundry conviently located upstairs. Extended cover patio, large back yard with many possibilities to make your own! Scheduled a showing today.
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PRICE & RENT TRENDS
Neighborhood: Apache Junction
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Apache Junction
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,380 |
| EXPENSES | Loan Payment | -$1,007 |
| Property Tax | -$155 | |
| Property Insurance | -$57 | |
| HOA | -$45 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$17
|
||
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.
$290,000
PROJECTED PRICE
$1,380
PROJECTED RENT
0.48%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.32% |
| Appreciation Year (1-5) | 8.9% |
| 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
$82,600
LOAN DETAILS
$1,007
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $72,500 |
| Loan Amount | $217,500 |
5.67
YEARS SAVED
$18,266
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
-
$1,476
COMP ESTIMATED VALUE -
$0.96
COMP AVG. RENT PER SQFT
Comps Range
-
1970 E 37th Avenue Apache Junction, AZ 1
- 4 beds 3 baths ∙ 1,541 Sqft ∙ Built 2001 4 beds 3 baths ∙ 1,541 Sqft ∙ Built 2001
- Rent
- Rent Per SQFT
- $0
- $0.00
-
3451 S Bowman Road Apache Junction, AZ 2
- 3 beds 2 baths ∙ 1,388 Sqft ∙ Built 2003 3 beds 2 baths ∙ 1,388 Sqft ∙ Built 2003
LEASED 02/05/21- Rent
- Rent Per SQFT
- $1,395
- $1.01
-
1032 E Santa Cruz Lane Apache Junction, AZ 3
- 3 beds 2 baths ∙ 1,604 Sqft ∙ Built 1999 3 beds 2 baths ∙ 1,604 Sqft ∙ Built 1999
LEASED 09/10/20- Rent
- Rent Per SQFT
- $1,450
- $0.90
-
899 E Pima Avenue Apache Junction, AZ 4
- 3 beds 2 baths ∙ 1,565 Sqft ∙ Built 1998 3 beds 2 baths ∙ 1,565 Sqft ∙ Built 1998
LEASED 02/26/20- Rent
- Rent Per SQFT
- $1,500
- $0.96
-
3331 S Chaparral Road Apache Junction, AZ 5
- 3 beds 3 baths ∙ 1,615 Sqft ∙ Built 2003 3 beds 3 baths ∙ 1,615 Sqft ∙ Built 2003
LEASED 02/15/21- Rent
- Rent Per SQFT
- $1,549
- $0.96
PROPERTY LISTING DETAILS
Dpr Realty Llc
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6197001
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.
