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PROPERTY INFO
FACTS
- Single Family
- Built In 2006
- Price/Sqft : $149.52
- 2 Days on Market
- MLS # : 6196920
- Updated Date : 02/20/2021 at 01:54
CONSTRUCTION
- Beds : 4
- Floor Size : 2,207 sqft
- Baths : 2 full
Listing Agent
Call Winsor Realty, Llc
Listing Agent's Description
Highly desirable Cobblestone Farms neighborhood. You'll enjoy easy access to restaurants and retail stores. Well maintained 4 bed, 2 bath house with extended 3 car garage, RV gate, and walking distance to community pool. Inside you will find large dining and living areas along with a gorgeous eat-in kitchen, ample cabinetry, and tons of storage. Kitchen with open floorplan, a huge walk-in pantry, upgraded appliances, and an island complete with a breakfast bar. Double door entry into master bedroom, with its spacious walk-in closet and private bath featuring dual sinks! Homes this great never last long, hurry and schedule a showingtoday!
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PRICE & RENT TRENDS
Zip Code: 85139
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 85139
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,540 |
| EXPENSES | Loan Payment | -$1,146 |
| Property Tax | -$308 | |
| Property Insurance | -$70 | |
| HOA | -$31 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$115
|
||
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.
$330,000
PROJECTED PRICE
$1,540
PROJECTED RENT
0.47%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.35% |
| Appreciation Year (1-5) | 7.3% |
| 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
$93,200
LOAN DETAILS
$1,146
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $82,500 |
| Loan Amount | $247,500 |
3.5
YEARS SAVED
$9,969
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,540
LIST RENT -
$0.7
LIST RENT PER SQFT
-
$1,639
COMP ESTIMATED VALUE -
$0.74
COMP AVG. RENT PER SQFT
Comps Range
-
22108 N Sunset Drive Maricopa, AZ 2
- 4 beds 2 baths ∙ 2,207 Sqft ∙ Built 2006 4 beds 2 baths ∙ 2,207 Sqft ∙ Built 2006
- Rent
- Rent Per SQFT
- $1,540
- $0.70
-
22118 N Lakeside Drive Maricopa, AZ 1
- 3 beds 2 baths ∙ 2,131 Sqft ∙ Built 2004 3 beds 2 baths ∙ 2,131 Sqft ∙ Built 2004
LEASED 05/19/20- Rent
- Rent Per SQFT
- $1,450
- $0.68
-
43981 W Adobe Circle Maricopa, AZ 3
- 4 beds 2 baths ∙ 2,126 Sqft ∙ Built 2004 4 beds 2 baths ∙ 2,126 Sqft ∙ Built 2004
LEASED 03/24/20- Rent
- Rent Per SQFT
- $1,595
- $0.75
-
22641 N Gibson Drive Maricopa, AZ 4
- 3 beds 2 baths ∙ 2,169 Sqft ∙ Built 2005 3 beds 2 baths ∙ 2,169 Sqft ∙ Built 2005
LEASED 07/17/20- Rent
- Rent Per SQFT
- $1,600
- $0.74
-
22180 N Sunset Drive Maricopa, AZ 5
- 3 beds 2 baths ∙ 2,113 Sqft ∙ Built 2006 3 beds 2 baths ∙ 2,113 Sqft ∙ Built 2006
LEASED 03/01/20- Rent
- Rent Per SQFT
- $1,695
- $0.80
PROPERTY LISTING DETAILS
Call Winsor Realty, Llc
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6196920
Last Updated: 02/20/2021
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.
