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201 W Key West Drive Casa Grande, AZ 85122

5 Beds 3 Baths 3,554 sqft Built 2006

$340,000

List Price

$1,550

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

December 24, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2006
  • Price/Sqft : $95.67
  • 4 Days on Market
  • MLS # : 6174332
  • Updated Date : 12/24/2020 at 15:19
CONSTRUCTION
  • Beds : 5
  • Floor Size : 3,554 sqft
  • Baths : 2 full , 1 half
Listing Agent

Muldoon Realty

Listing Agent's Description

Property is right next to the park, perfect neighborhood for walking on sidewalks. Granite Countertops, 4 Bedroom plus bonus room 2.5 bath with a 2.5 garage. This beautiful home in the popular Villago Subdivision.NO Showings till after Dec 27, 2020

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Villago

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280k300kPrice in $104k310k

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

Neighborhood: Villago

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2900950100010501100115012001250130013501400145015001550Rent in $8901567

* 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
Mccartney Ranch Elementary School Primary Regular 714 32 6
Villago Middle School Middle Regular 875 39 6
Casa Grande Union High School High Regular 1,731 69 2

Mccartney Ranch Elementary School

  • Education Level: Primary
  • # of students: 714
  • # of teachers: 32
6
GreatSchools Rating

Villago Middle School

  • Education Level: Middle
  • # of students: 875
  • # of teachers: 39
6
GreatSchools Rating

Casa Grande Union High School

  • Education Level: High
  • # of students: 1,731
  • # of teachers: 69
2
GreatSchools Rating
 

$306,000$374,000$340,000

PURCHASE PRICE

$1,395$1,705$1,550

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,550
EXPENSES Loan Payment -$1,254
Property Tax -$283
Property Insurance -$96
HOA -$52
Property Management Fees -$99
CASH FLOW
-$235

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.

$340,000

PROJECTED PRICE

$1,550

PROJECTED RENT

0.46%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 4.8%
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

PROJECTED ANNUAL CASH FLOW

11530-$6.0k-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$95,850

INVESTMENT

$95,850

Down Payment
$85,000
Rehab Estimate
$5,750
Closing Costs
$5,100

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,254

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $85,000
Loan Amount $255,000
See What Happens When You Reinvest Cash Flow

2.17

YEARS SAVED

$5,972

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
  • $1,475

    COMP ESTIMATED VALUE
  • $0.42

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,4753$1,499
$1,499
RENT COMPS ANALYSIS
  • 201 W Key West Drive Casa Grande, AZ 1
    • 5 beds 3 baths ∙ 3,554 Sqft ∙ Built 2006 5 beds 3 baths ∙ 3,554 Sqft ∙ Built 2006
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 3530 N Lady Lake Lane Casa Grande, AZ 2
    • 5 beds 3 baths ∙ 3,633 Sqft ∙ Built 2005 5 beds 3 baths ∙ 3,633 Sqft ∙ Built 2005
    property image
    LEASED 07/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,475
    • $0.41
    •  
  • 1247 W Descanso Canyon Drive Casa Grande, AZ 3
    • 5 beds 3 baths ∙ 3,592 Sqft ∙ Built 2007 5 beds 3 baths ∙ 3,592 Sqft ∙ Built 2007
    property image
    LEASED 01/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,499
    • $0.42
    •  
PROPERTY LISTING DETAILS
Meghan R Muldoon
Muldoon Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6174332
Last Updated: 12/24/2020
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. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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