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2166 W Pinkley Avenue Coolidge, AZ 85128

3 Beds 2 Baths 1,688 sqft Built 2007

$194,900

List Price

$1,260

$1.1K - $1.4K

Rent Est.

PROPERTY INFO

December 13, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2007
  • Price/Sqft : $115.46
  • 1 Days on Market
  • MLS # : 6170903
  • Updated Date : 12/12/2020 at 21:53
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,688 sqft
  • Baths : 2 full
Listing Agent

Re/max A Bar Z Realty

Listing Agent's Description

This lovely three bedroom and two bathroom home has a great floor plan and plenty of storage. The front landscaping is desert for easy maintenance. New Paint inside and out on this beautiful home.

SEE MORE

PRICE & RENT TRENDS

Zip Code: 85128

ZipNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260kPrice in $83k271k

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

Zip Code: 85128

ZipNIR Market*CityMarket2010Year20002019 Q2700800900100011001200130014001500Rent in $6591567

* 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
Heartland Ranch Elementary School Primary Regular 491 19 1
Hohokam Middle School Middle Regular 281 13 2
Coolidge High School High Regular 611 33 5

Heartland Ranch Elementary School

  • Education Level: Primary
  • # of students: 491
  • # of teachers: 19
1
GreatSchools Rating

Hohokam Middle School

  • Education Level: Middle
  • # of students: 281
  • # of teachers: 13
2
GreatSchools Rating

Coolidge High School

  • Education Level: High
  • # of students: 611
  • # of teachers: 33
5
GreatSchools Rating
 

$175,410$214,390$194,900

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 -$719
Property Tax -$111
Property Insurance -$60
HOA -$15
Property Management Fees -$99
CASH FLOW
$256

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.

$194,900

PROJECTED PRICE

$1,260

PROJECTED RENT

0.65%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

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
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k

PROJECTED ANNUAL CASH FLOW

11530$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k$14k$16k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$57,399

INVESTMENT

$57,399

Down Payment
$48,725
Rehab Estimate
$5,750
Closing Costs
$2,924

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 25% down payment or higher enables the proceeds from the asset to cover all costs.

$719

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $48,725
Loan Amount $146,175
See What Happens When You Reinvest Cash Flow

12.08

YEARS SAVED

$42,502

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
  • $1,338

    COMP ESTIMATED VALUE
  • $0.79

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,3003$1,3004$1,4005$1,400
$1,400
RENT COMPS ANALYSIS
  • 2166 W Pinkley Avenue Coolidge, AZ 1
    • 3 beds 2 baths ∙ 1,688 Sqft ∙ Built 2007 3 beds 2 baths ∙ 1,688 Sqft ∙ Built 2007
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 278 S 13th Place Coolidge, AZ 2
    • 3 beds 2 baths ∙ 1,779 Sqft ∙ Built 2007 3 beds 2 baths ∙ 1,779 Sqft ∙ Built 2007
    property image
    LEASED 01/31/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,300
    • $0.73
    •  
  • 1414 W Hess Avenue Coolidge, AZ 3
    • 3 beds 2 baths ∙ 1,513 Sqft ∙ Built 2008 3 beds 2 baths ∙ 1,513 Sqft ∙ Built 2008
    property image
    LEASED 06/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,300
    • $0.86
    •  
  • 2119 W Broadway Avenue Coolidge, AZ 4
    • 3 beds 2 baths ∙ 1,688 Sqft ∙ Built 2006 3 beds 2 baths ∙ 1,688 Sqft ∙ Built 2006
    property image
    LEASED 09/11/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.83
    •  
  • 255 S 13th Place Coolidge, AZ 5
    • 4 beds 2 baths ∙ 1,870 Sqft ∙ Built 2008 4 beds 2 baths ∙ 1,870 Sqft ∙ Built 2008
    property image
    LEASED 10/26/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.75
    •  
PROPERTY LISTING DETAILS
Kenneth N Bolan
Re/max A Bar Z Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6170903
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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