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PROPERTY INFO
FACTS
- Single Family
- Built In 2006
- Price/Sqft : $144.85
- 6 Days on Market
- MLS # : 6166166
- Updated Date : 12/03/2020 at 19:22
CONSTRUCTION
- Beds : 3
- Floor Size : 1,311 sqft
- Baths : 2 full
Listing Agent
Re/max A Bar Z Realty
Listing Agent's Description
This charming and beautifully kept property will pique your interest when shopping for a home. Open floor plan, with a nice dining area in the kitchen. The hot water was replaced in 2016! The present tenants have taken care of this home in top form, hence making a lucky homeowner or an investor very happy. Excellent neighborhood in a quiet and friendly subdivision. The home has an inviting curb appeal and a gorgeous interior layout. The flagstone patio makes outside living a dream. This is the home for you ...It will not last long.
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PRICE & RENT TRENDS
Zip Code: 85128
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 85128
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,020 |
| EXPENSES | Loan Payment | -$701 |
| Property Tax | -$108 | |
| Property Insurance | -$53 | |
| HOA | -$15 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$45
|
||
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.
$189,900
PROJECTED PRICE
$1,020
PROJECTED RENT
0.54%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.32% |
| Appreciation Year (1-5) | 7.9% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.56% |
| 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
$56,074
LOAN DETAILS
$701
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $47,475 |
| Loan Amount | $142,425 |
6.67
YEARS SAVED
$17,965
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
-
$1,216
COMP ESTIMATED VALUE -
$0.93
COMP AVG. RENT PER SQFT
Comps Range
-
2130 W Wilson Avenue Coolidge, AZ 1
- 3 beds 2 baths ∙ 1,311 Sqft ∙ Built 2006 3 beds 2 baths ∙ 1,311 Sqft ∙ Built 2006
![property image]()
- Rent
- Rent Per SQFT
- $0
- $0.00
-
1727 W Wilson Avenue Coolidge, AZ 2
- 3 beds 2 baths ∙ 1,103 Sqft ∙ Built 2005 3 beds 2 baths ∙ 1,103 Sqft ∙ Built 2005
![property image]()
LEASED 08/01/19- Rent
- Rent Per SQFT
- $1,000
- $0.91
-
2230 W Roosevelt Avenue Coolidge, AZ 3
- 3 beds 2 baths ∙ 1,311 Sqft ∙ Built 2006 3 beds 2 baths ∙ 1,311 Sqft ∙ Built 2006
![property image]()
LEASED 07/02/20- Rent
- Rent Per SQFT
- $1,225
- $0.93
-
708 S 11th Street Coolidge, AZ 4
- 3 beds 2 baths ∙ 1,398 Sqft ∙ Built 2018 3 beds 2 baths ∙ 1,398 Sqft ∙ Built 2018
![property image]()
LEASED 03/01/20- Rent
- Rent Per SQFT
- $1,300
- $0.93
-
1643 W Wilson Avenue Coolidge, AZ 5
- 4 beds 3 baths ∙ 1,390 Sqft ∙ Built 2005 4 beds 3 baths ∙ 1,390 Sqft ∙ Built 2005
![property image]()
LEASED 04/03/20- Rent
- Rent Per SQFT
- $1,300
- $0.94
PROPERTY LISTING DETAILS
Re/max A Bar Z Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6166166
Last Updated: 12/03/2020
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.
