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PROPERTY INFO
FACTS
- Single Family
- Built In 2001
- Price/Sqft : $265.36
- 2 Days on Market
- MLS # : 6203665
- Updated Date : 03/06/2021 at 20:14
CONSTRUCTION
- Beds : 2
- Floor Size : 2,035 sqft
- Baths : 2 full , 1 half
Listing Agent
Long Realty West Valley
Listing Agent's Description
This home will check off all of your boxes!**Golf course lot ** East exposure extended rear patio** Extended length garage with plenty of storage ** NEW Anderson Windows throughout ** 2 bedrooms and an office ** New lighted ceiling fans ** 2.5 updated baths **Updated kitchen with Newer LG appliances and Custom soft close , pull out Cherry cabinets ** Whole house water filtration system ** Newer HVAC and water heater ** Newer Whirlpool washer and dryer in the inside laundry with an abundance of storage **Shutters on street facing windows ** Custom Duet shades on rear windows ** Leased Solar with set monthly fee under $100 per month. This beauty at the 17th hole of Granite Falls North is ready for you to call it your own.
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PRICE & RENT TRENDS
Neighborhood: Sun City Grand Sunrise Vista
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Sun City Grand Sunrise Vista
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,280 |
| EXPENSES | Loan Payment | -$1,876 |
| Property Tax | -$375 | |
| Property Insurance | -$67 | |
| HOA | -$11 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$148
|
||
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.
$540,000
PROJECTED PRICE
$2,280
PROJECTED RENT
0.42%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.17% |
| Appreciation Year (1-5) | 6.6% |
| 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
$148,850
LOAN DETAILS
$1,876
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $135,000 |
| Loan Amount | $405,000 |
3.75
YEARS SAVED
$18,969
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
-
$1,745
COMP ESTIMATED VALUE -
$0.86
COMP AVG. RENT PER SQFT
Comps Range
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- $1,875
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PROPERTY LISTING DETAILS
Long Realty West Valley
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6203665
Last Updated: 03/06/2021
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.
