Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more
REQUEST INFO
SCHEDULE APPOINTMENT
It's free, with no obligation
PROPERTY INFO
FACTS
- Single Family
- Built In 2004
- Price/Sqft : $174.10
- 3 Days on Market
- MLS # : 6187270
- Updated Date : 01/30/2021 at 21:31
CONSTRUCTION
- Beds : 4
- Floor Size : 2,757 sqft
- Baths : 2 full , 1 half
Listing Agent
My Home Group Real Estate
Listing Agent's Description
This home has it all! Beautifully updated home on an oversized corner lot in the heart of Queen Creek, just a short distance to QC Marketplace and the 202. This home boasts over 2700 square feet, just shy of a quarter acre, 4 bedrooms, 3 car garage and several updates to make this home turn-key and ready for it's new owners! Updates to include new plantation shutters, new carpet, wood plank flooring, a large two-toned updated kitchen, custom wood paneling in the formal dining room, updated bathrooms, and a custom walk in closet in the master suite. This home is a must see and truly one of a kind
SEE MORE
PRICE & RENT TRENDS
Neighborhood: Emperor Estates
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Emperor Estates
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,090 |
| EXPENSES | Loan Payment | -$1,667 |
| Property Tax | -$350 | |
| Property Insurance | -$81 | |
| HOA | -$80 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$187
|
||
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.
$479,999
PROJECTED PRICE
$2,090
PROJECTED RENT
0.44%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.17% |
| Appreciation Year (1-5) | 7.3% |
| 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
$132,950
LOAN DETAILS
$1,667
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $120,000 |
| Loan Amount | $359,999 |
3.17
YEARS SAVED
$12,417
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$2,090
LIST RENT -
$0.76
LIST RENT PER SQFT
-
$2,275
COMP ESTIMATED VALUE -
$0.83
COMP AVG. RENT PER SQFT
Comps Range
-
20258 S 196th Street Queen Creek, AZ 2
- 4 beds 3 baths ∙ 2,757 Sqft ∙ Built 2004 4 beds 3 baths ∙ 2,757 Sqft ∙ Built 2004
- Rent
- Rent Per SQFT
- $2,090
- $0.76
-
19723 E Arrowhead Trail Queen Creek, AZ 1
- 4 beds 3 baths ∙ 2,600 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,600 Sqft ∙ Built 2005
LEASED 08/12/20- Rent
- Rent Per SQFT
- $1,950
- $0.75
-
18974 E Lark Drive Queen Creek, AZ 3
- 4 beds 3 baths ∙ 2,545 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,545 Sqft ∙ Built 2006
LEASED 07/02/20- Rent
- Rent Per SQFT
- $2,175
- $0.85
-
19718 E Mayberry Road Queen Creek, AZ 4
- 4 beds 3 baths ∙ 2,987 Sqft ∙ Built 2004 4 beds 3 baths ∙ 2,987 Sqft ∙ Built 2004
LEASED 12/09/20- Rent
- Rent Per SQFT
- $2,400
- $0.80
-
19716 E Thorton Road Queen Creek, AZ 5
- 5 beds 3 baths ∙ 2,987 Sqft ∙ Built 2004 5 beds 3 baths ∙ 2,987 Sqft ∙ Built 2004
LEASED 12/01/20- Rent
- Rent Per SQFT
- $2,695
- $0.90
PROPERTY LISTING DETAILS
My Home Group Real Estate
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6187270
Last Updated: 01/30/2021
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.
