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
It's free, with no obligation
PROPERTY INFO
FACTS
- Single Family
- Built In 2015
- Price/Sqft : $166.29
- 2 Days on Market
- MLS # : 6203463
- Updated Date : 03/06/2021 at 21:39
CONSTRUCTION
- Beds : 3
- Floor Size : 2,646 sqft
- Baths : 2 full , 1 half
Listing Agent
Homesmart
Listing Agent's Description
This (really!) move in ready 3 bed, 2.5 bath plus den AND Loft home is just waiting for you! Professionally painted inside and out in 2018 and meticulously maintained make you the winner! Carpet upstairs is so upgraded (2018) that it's like walking on a cloud! Gourmet kitchen with gas cooktop and dual wall ovens all overlooking the HUGE covered patio and stunning, professionally landscaped and manicured backyard! HUGE Master Suite with a walk in closet that is simply enormous!! Owned soft water system and security system are a nice touch, but SOLAR TOO??!! YEP!! Home comes with all appliances...just move in! Den/office down stairs and really large loft upstairs gives everybody room to spread out! Community pool, walking trails and spectacular views round out living in Sienna Hills
SEE MORE
PRICE & RENT TRENDS
Neighborhood: Sienna Hills
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Sienna Hills
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $1,970 |
EXPENSES | Loan Payment | -$1,528 |
Property Tax | -$339 | |
Property Insurance | -$79 | |
HOA | -$91 | |
Property Management Fees | -$99 | |
CASH FLOW
-$166
|
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.
$440,000
PROJECTED PRICE
$1,970
PROJECTED RENT
0.45%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 3.35% |
Appreciation Year (1-5) | 2.5% |
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
$122,350
LOAN DETAILS
$1,528
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 3.75% |
Down Payment | $110,000 |
Loan Amount | $330,000 |
3.42
YEARS SAVED
$12,585
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
-
$2,130
COMP ESTIMATED VALUE -
$0.8
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Homesmart
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6203463
Last Updated: 03/06/2021

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.