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204 W Pacific Drive Casa Grande, AZ 85122

4 Beds 3 Baths 2,687 sqft Built 2007

$315,000

List Price

$1,390

$1.3K - $1.5K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 07, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2007
  • Price/Sqft : $117.23
  • 2 Days on Market
  • MLS # : 6203670
  • Updated Date : 03/06/2021 at 23:05
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,687 sqft
  • Baths : 2 full , 1 half
Listing Agent

Realty Executives

Listing Agent's Description

VILLAGO 4 bedroom home with pebble-tec pool in the desirable Villago community. This 4 bedroom, 2.5 bathroom home has a living room, dining room, family room, large open eat-in kitchen, loft, master bathroom with double sinks, and separate tub and shower, covered patio, low maintenance landscaping and so much more. Highlighted features would include 2-tone paint, recessed lighting, ceiling fans, window coverings, pre-wired for surround sound, brushed nickel hardware, black and stainless appliances, 18 inch tile, soft water loop, pebble-tec pool with a waterfall and built-in pop-up cleaning system. This home has solar, leased monthly payment $110.

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
 

$283,500$346,500$315,000

PURCHASE PRICE

$1,251$1,529$1,390

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,390
EXPENSES Loan Payment -$1,094
Property Tax -$262
Property Insurance -$80
HOA -$52
Property Management Fees -$99
CASH FLOW
-$197

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.

$315,000

PROJECTED PRICE

$1,390

PROJECTED RENT

0.44%

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$100k$200k$300k$400k$500k$600k$700k$800k$900k

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k$900k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$89,225

INVESTMENT

$89,225

Down Payment
$78,750
Rehab Estimate
$5,750
Closing Costs
$4,725

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,094

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $78,750
Loan Amount $236,250
See What Happens When You Reinvest Cash Flow

2.25

YEARS SAVED

$4,870

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
  • $1,505

    COMP ESTIMATED VALUE
  • $0.56

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,3253$1,475
$1,475
RENT COMPS ANALYSIS
  • 204 W Pacific Drive Casa Grande, AZ 1
    • 4 beds 3 baths ∙ 2,687 Sqft ∙ Built 2007 4 beds 3 baths ∙ 2,687 Sqft ∙ Built 2007
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 108 W Rio Drive Casa Grande, AZ 2
    • 4 beds 3 baths ∙ 2,541 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,541 Sqft ∙ Built 2006
    LEASED 05/04/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,325
    • $0.52
    •  
  • 489 E White Wing Drive Casa Grande, AZ 3
    • 4 beds 2 baths ∙ 2,440 Sqft ∙ Built 2006 4 beds 2 baths ∙ 2,440 Sqft ∙ Built 2006
    LEASED 12/05/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,475
    • $0.60
    •  
PROPERTY LISTING DETAILS
Doria Garza
Realty Executives
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6203670
Last Updated: 03/06/2021
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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