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PROPERTY INFO
FACTS
- Single Family
- Built In 2000
- Price/Sqft : $165.81
- 2 Days on Market
- MLS # : 6160188
- Updated Date : 11/14/2020 at 05:51
CONSTRUCTION
- Beds : 5
- Floor Size : 3,311 sqft
- Baths : 3 full
Listing Agent
Qc Realty
Listing Agent's Description
Prepare to be amazed! Come and see this wonderful 5 bed, 3 bath property now for sale in Queen Creek! Desert landscaping, 3 garage parking spaces, RV gate, this home has it all and more! The lavish interior boasts large dining and living areas, a den ideal for an office, and neutral paint throughout. The fabulous kitchen would make any chef jealous, with its ample cabinetry, pantry, granite countertops, stainless steel appliances, and island with breakfast bar. Inside the grandiose master bedroom you will find a private balcony entry, a spacious walk-in closet, and a full bath with double sinks, as well as separate tub and shower. Finally, the stunning backyard includes a covered patio, grassy area, and a refreshing pool perfect for the warm summer days! Hurry and schedule a showing today!
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PRICE & RENT TRENDS
Neighborhood: Queenland Manor
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Queenland Manor
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,420 |
| EXPENSES | Loan Payment | -$2,026 |
| Property Tax | -$415 | |
| Property Insurance | -$92 | |
| HOA | -$105 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$316
|
||
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.
$549,000
PROJECTED PRICE
$2,420
PROJECTED RENT
0.44%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.35% |
| Appreciation Year (1-5) | 8.5% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.24% |
| 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
$151,235
LOAN DETAILS
$2,026
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $137,250 |
| Loan Amount | $411,750 |
2.5
YEARS SAVED
$13,128
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
-
$2,558
COMP ESTIMATED VALUE -
$0.77
COMP AVG. RENT PER SQFT
Comps Range
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21115 E Alyssa Road Queen Creek, AZ 1
- 5 beds 3 baths ∙ 3,311 Sqft ∙ Built 2000 5 beds 3 baths ∙ 3,311 Sqft ∙ Built 2000
- Rent
- Rent Per SQFT
- $0
- $0.00
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21537 E Estrella Road Queen Creek, AZ 2
- 6 beds 3 baths ∙ 3,186 Sqft ∙ Built 2007 6 beds 3 baths ∙ 3,186 Sqft ∙ Built 2007
LEASED 06/22/20- Rent
- Rent Per SQFT
- $2,080
- $0.65
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21539 S 215th Place Queen Creek, AZ 3
- 4 beds 4 baths ∙ 3,245 Sqft ∙ Built 2007 4 beds 4 baths ∙ 3,245 Sqft ∙ Built 2007
LEASED 07/10/20- Rent
- Rent Per SQFT
- $2,650
- $0.82
-
21457 E Maya Road Queen Creek, AZ 4
- 5 beds 4 baths ∙ 3,102 Sqft ∙ Built 2007 5 beds 4 baths ∙ 3,102 Sqft ∙ Built 2007
LEASED 03/20/20- Rent
- Rent Per SQFT
- $2,670
- $0.86
-
21521 S 215th Place Queen Creek, AZ 5
- 5 beds 3 baths ∙ 3,595 Sqft ∙ Built 2007 5 beds 3 baths ∙ 3,595 Sqft ∙ Built 2007
LEASED 02/15/20- Rent
- Rent Per SQFT
- $2,750
- $0.76
PROPERTY LISTING DETAILS
Qc Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6160188
Last Updated: 11/14/2020
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.
