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2117 N Sabino Lane Casa Grande, AZ 85122

4 Beds 2 Baths 1,500 sqft Built 2006

$234,990

List Price

$1,260

$1.1K - $1.4K

Rent Est.

PROPERTY INFO

December 12, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2006
  • Price/Sqft : $156.66
  • 2 Days on Market
  • MLS # : 6170649
  • Updated Date : 12/12/2020 at 12:57
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,500 sqft
  • Baths : 2 full
Listing Agent

Success Property Brokers

Listing Agent's Description

Hurry to see this fabulous energy efficient home within walking distance to the Elementary School! The beautiful interior is comprised of a large living room, vaulted ceilings that gives a larger more open feel, 4 spacious bedrooms, 2 lovely baths, and a built-in desk perfect for a study area.The kitchen offers a breakfast bar, ample cabinetry space, and high-end appliances. Great split floor plan boasts a private master that offers a large walk in closet with plenty of space.The Serene backyard has covered patio an extended slab along with pavers, mature shade tree and loads of citrus! Let your imagination run wild with the huge backyard space paired perfectly with an RV gate! Also save big bucks with efficient solar panels, new A/C, heat pump and hybrid hot water heater..Don't miss out!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Mission Valley

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260kPrice in $104k271k

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

Neighborhood: Mission Valley

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
Desert Willow Elementary School Primary Regular 589 25 4
Cactus Middle School Middle Regular 919 39 5
Casa Grande Union High School High Regular 1,731 69 2

Desert Willow Elementary School

  • Education Level: Primary
  • # of students: 589
  • # of teachers: 25
4
GreatSchools Rating

Cactus Middle School

  • Education Level: Middle
  • # of students: 919
  • # of teachers: 39
5
GreatSchools Rating

Casa Grande Union High School

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

$211,491$258,489$234,990

PURCHASE PRICE

$1,134$1,386$1,260

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,260
EXPENSES Loan Payment -$867
Property Tax -$167
Property Insurance -$56
HOA -$44
Property Management Fees -$99
CASH FLOW
$27

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.

$234,990

PROJECTED PRICE

$1,260

PROJECTED RENT

0.54%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 6.6%
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

PROJECTED ANNUAL CASH FLOW

11530-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$68,022

INVESTMENT

$68,022

Down Payment
$58,748
Rehab Estimate
$5,750
Closing Costs
$3,525

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 45% down payment or higher enables the proceeds from the asset to cover all costs.

$867

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $58,748
Loan Amount $176,243
See What Happens When You Reinvest Cash Flow

6.17

YEARS SAVED

$19,209

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $1,260

    LIST RENT
  • $0.84

    LIST RENT PER SQFT
  • $1,080

    COMP ESTIMATED VALUE
  • $0.72

    COMP AVG. RENT PER SQFT
Comps Range
$1,200
1$1,2002$1,2603$1,300
$1,300
RENT COMPS ANALYSIS
  • 2117 N Sabino Lane Casa Grande, AZ 2
    • 4 beds 2 baths ∙ 1,500 Sqft ∙ Built 2006 4 beds 2 baths ∙ 1,500 Sqft ∙ Built 2006
    • Rent
    • Rent Per SQFT
    •  
    • $1,260
    • $0.84
    •  
  • 1726 N Desert Willow Street Casa Grande, AZ 1
    • 3 beds 2 baths ∙ 1,683 Sqft ∙ Built 2004 3 beds 2 baths ∙ 1,683 Sqft ∙ Built 2004
    LEASED 04/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,200
    • $0.71
    •  
  • 1460 E Sunset Drive Casa Grande, AZ 3
    • 3 beds 2 baths ∙ 1,783 Sqft ∙ Built 2008 3 beds 2 baths ∙ 1,783 Sqft ∙ Built 2008
    LEASED 09/04/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,300
    • $0.73
    •  
PROPERTY LISTING DETAILS
Nicholas M Cruz
Success Property Brokers
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6170649
Last Updated: 12/12/2020
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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