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INVESTimate
$439,900
List Price
$122,324
REQUEST INFO
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PROPERTY INFO
FACTS
- Built In 1984
- Price/Sqft : $217.88
- 1 Days on Market
- MLS # : 6122696
- Updated Date : 08/26/2020 at 02:55
CONSTRUCTION
- Beds : 4
- Floor Size : 2,019 sqft
- Baths : 2 full , 1 half
Listing Agent
Dpr Realty Llc
Listing Agent's Description
Your search ends here now! You didn't think a home would have it all, BUT THIS ONE DOES! The owners of this home spared no expense- vaulted ceilings, granite counter tops, solid wood cabinets, new plank tile flooring, Porter Barn wood around a new fireplace, all bathrooms remodeled, brand new pool which includes Pebble Tec, new plumbing, new variable speed pool pump, new sun deck and splash pad! Can't forget the mountain views! TOO MANY UPGRADES TO LIST. Whether you are a fan of the outdoors or the city life, this location has it all. Close to shopping, dining, and the 51 freeway, but also close to some of the top rated hiking and biking trails that the city has to offer. COME SEE THIS HOME NOW BEFORE IT'S TOO LATE!
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PRICE & RENT TRENDS
Neighborhood: Cave Creek
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Cave Creek
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $1,680 |
EXPENSES | Loan Payment | -$1,623 |
Property Tax | -$277 | |
Property Insurance | -$67 | |
Property Management Fees | -$99 | |
CASH FLOW
-$386
|
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.
$439,900
PROJECTED PRICE
$1,680
PROJECTED RENT
0.38%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 3.17% |
Appreciation Year (1-5) | 5.80% |
Maintenance Year (1-5) | 8.00% |
Vacancy | 6.60% |
Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$122,324
LOAN DETAILS
$1,623
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $109,975 |
Loan Amount | $329,925 |
1.5
YEARS SAVED
$4,226
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
-
$1,762
COMP ESTIMATED VALUE -
$0.87
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Dpr Realty Llc
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6122696
Last Updated: 08/26/2020

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. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.