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PROPERTY INFO
FACTS
- Single Family
- Built In 1998
- Price/Sqft : $248.09
- 3 Days on Market
- MLS # : 6193527
- Updated Date : 02/13/2021 at 16:20
CONSTRUCTION
- Beds : 3
- Floor Size : 1,310 sqft
- Baths : 2 full
Listing Agent
Keller Williams Arizona Realty
Listing Agent's Description
Make this beautiful home located in the Moonlight Shadows community your own! This single story home is move-in ready with vaulted ceilings, beautiful flooring an updated bathrooms. Appreciate a kitchen that will delight any chef with its sleek, stainless appliances, updated cabinetry and reverse osmosis water filtration system. The generous master suite affords a private sanctuary with ensuite bath and private access to the backyard. Generous secondary bedrooms and an additional bathroom ensures your guests every comfort. Enjoy the backyard with artificial turf and picture other possibilities to create the yard of your dreams! Centrally located, this home benefits from a short commute to major freeways, schools, shopping and restaurants! See this beauty today!
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PRICE & RENT TRENDS
Neighborhood: Paradise Valley Village
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Paradise Valley Village
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,470 |
| EXPENSES | Loan Payment | -$1,129 |
| Property Tax | -$205 | |
| Property Insurance | -$53 | |
| HOA | -$60 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$75
|
||
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.
$325,000
PROJECTED PRICE
$1,470
PROJECTED RENT
0.45%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.17% |
| Appreciation Year (1-5) | 6.5% |
| 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
$91,875
LOAN DETAILS
$1,129
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $81,250 |
| Loan Amount | $243,750 |
4.08
YEARS SAVED
$12,131
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
-
$1,480
COMP ESTIMATED VALUE -
$1.13
COMP AVG. RENT PER SQFT
Comps Range
-
20211 N 31st Street Phoenix, AZ 1
- 3 beds 2 baths ∙ 1,310 Sqft ∙ Built 1998 3 beds 2 baths ∙ 1,310 Sqft ∙ Built 1998
- Rent
- Rent Per SQFT
- $0
- $0.00
-
3150 E Beardsley Road #1045 Phoenix, AZ 2
- 3 beds 3 baths ∙ 1,372 Sqft ∙ Built 2003 3 beds 3 baths ∙ 1,372 Sqft ∙ Built 2003
LEASED 07/01/20- Rent
- Rent Per SQFT
- $1,500
- $1.09
-
3150 E Beardsley Road #1101 Phoenix, AZ 3
- 3 beds 3 baths ∙ 1,372 Sqft ∙ Built 2001 3 beds 3 baths ∙ 1,372 Sqft ∙ Built 2001
LEASED 01/23/21- Rent
- Rent Per SQFT
- $1,525
- $1.11
-
3150 E Beardsley Road #1070 Phoenix, AZ 4
- 3 beds 3 baths ∙ 1,372 Sqft ∙ Built 2002 3 beds 3 baths ∙ 1,372 Sqft ∙ Built 2002
LEASED 05/16/20- Rent
- Rent Per SQFT
- $1,545
- $1.13
-
3150 E Beardsley Road #1108 Phoenix, AZ 5
- 3 beds 3 baths ∙ 1,361 Sqft ∙ Built 2001 3 beds 3 baths ∙ 1,361 Sqft ∙ Built 2001
LEASED 07/27/20- Rent
- Rent Per SQFT
- $1,620
- $1.19
PROPERTY LISTING DETAILS
Keller Williams Arizona Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6193527
Last Updated: 02/13/2021
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.
