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2006 S Sawyer Circle Mesa, AZ 85209

5 Beds 3 Baths 3,556 sqft Built 1995

$625,000

List Price

$2,280

$2.1K - $2.5K

Rent Est.

PROPERTY INFO

February 02, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1995
  • Price/Sqft : $175.76
  • 6 Days on Market
  • MLS # : 6188891
  • Updated Date : 02/02/2021 at 22:41
CONSTRUCTION
  • Beds : 5
  • Floor Size : 3,556 sqft
  • Baths : 2 full , 1 half
Listing Agent

Maclay Real Estate

Listing Agent's Description

INVESTORS ONLY!!! great rental here currently rented at $ 2524 per month til June 27, 2021, great investment where you start earning money on day one! great house and great location. don't let this one pass you by.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Superstition Springs

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280kPrice in $109k287k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Neighborhood: Superstition Springs

NeighborhoodNIR Market*CityMarket2010Year20002019 Q210501100115012001250130013501400145015001550Rent in $10181588

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Highland Jr High School Middle Regular 1,269 59 8
Desert Ridge High School High Regular 2,752 119 6
Highland Jr High School Middle Unknown NA

Highland Jr High School

  • Education Level: Middle
  • # of students: 1,269
  • # of teachers: 59
8
GreatSchools Rating

Desert Ridge High School

  • Education Level: High
  • # of students: 2,752
  • # of teachers: 119
6
GreatSchools Rating

Highland Jr High School

  • Education Level: Middle
  • # of students:
  • # of teachers:
NA
GreatSchools Rating
 

$562,500$687,500$625,000

PURCHASE PRICE

$2,052$2,508$2,280

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,280
EXPENSES Loan Payment -$2,171
Property Tax -$377
Property Insurance -$96
HOA -$14
Property Management Fees -$99
CASH FLOW
-$477

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.

$625,000

PROJECTED PRICE

$2,280

PROJECTED RENT

0.36%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 6.6%
Maintenance Year (1-5) 8.00%
Vacancy 6.24%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M$1.8M

PROJECTED ANNUAL CASH FLOW

11530-$10k-$5.0k$0.0$5.0k$10k$15k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M$1.8M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$171,375

INVESTMENT

$171,375

Down Payment
$156,250
Rehab Estimate
$5,750
Closing Costs
$9,375

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$2,171

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $156,250
Loan Amount $468,750
See What Happens When You Reinvest Cash Flow

1.67

YEARS SAVED

$6,963

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
  • $2,418

    COMP ESTIMATED VALUE
  • $0.68

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,2953$2,2954$2,300
$2,300
RENT COMPS ANALYSIS
  • 2006 S Sawyer Circle Mesa, AZ 1
    • 5 beds 3 baths ∙ 3,556 Sqft ∙ Built 1995 5 beds 3 baths ∙ 3,556 Sqft ∙ Built 1995
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 3009 S Piedra -- Mesa, AZ 2
    • 5 beds 4 baths ∙ 3,460 Sqft ∙ Built 1999 5 beds 4 baths ∙ 3,460 Sqft ∙ Built 1999
    LEASED 01/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,295
    • $0.66
    •  
  • 2545 S Revolta -- Mesa, AZ 3
    • 5 beds 3 baths ∙ 3,372 Sqft ∙ Built 1996 5 beds 3 baths ∙ 3,372 Sqft ∙ Built 1996
    LEASED 08/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,295
    • $0.68
    •  
  • 4632 E Harwell Street Gilbert, AZ 4
    • 5 beds 3 baths ∙ 3,275 Sqft ∙ Built 1994 5 beds 3 baths ∙ 3,275 Sqft ∙ Built 1994
    LEASED 12/16/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,300
    • $0.70
    •  
PROPERTY LISTING DETAILS
Bradley Maclay
Maclay Real Estate
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6188891
Last Updated: 02/02/2021
support@investimateroi.com

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.

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