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PROPERTY INFO
FACTS
- Single Family
- Built In 2010
- Price/Sqft : $151.19
- 3 Days on Market
- MLS # : 6178776
- Updated Date : 01/09/2021 at 06:04
CONSTRUCTION
- Beds : 4
- Floor Size : 1,885 sqft
- Baths : 2 full , 1 half
Listing Agent
A.z. & Associates
Listing Agent's Description
What an amazing opportunity in desirable Tolleson! Elegant single property in a quiet and friendly neighborhood offers a Large Great Room with tile flooring throughout traffic areas, new paint inside and out** The impressive eat-in kitchen is equipped with ample cabinetry, dual sink, recessed lighting, and stainless steel appliances ready to be used*Master Bedroom features a walk-in closet and a bathroom with a large step-in shower, vanity sink and a private toilet room**Your home is complete Den/Formal sitting area at the front entry**3 secondary good size bedrooms**Nice Sized Backyard where you can relax under the covered Ramada for your morning coffee and you can enjoy cozy nights sitting around the fire pit**You won't want to miss this well cared for home!
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PRICE & RENT TRENDS
Neighborhood: Estrella
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Estrella
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,620 |
| EXPENSES | Loan Payment | -$990 |
| Property Tax | -$199 | |
| Property Insurance | -$64 | |
| HOA | -$18 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$251
|
||
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.
$285,000
PROJECTED PRICE
$1,620
PROJECTED RENT
0.57%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.32% |
| Appreciation Year (1-5) | 9.4% |
| 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
$81,275
LOAN DETAILS
$990
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $71,250 |
| Loan Amount | $213,750 |
9.92
YEARS SAVED
$41,072
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,620
LIST RENT -
$0.86
LIST RENT PER SQFT
-
$1,607
COMP ESTIMATED VALUE -
$0.85
COMP AVG. RENT PER SQFT
Comps Range
-
2215 S 101st Drive Tolleson, AZ 2
- 4 beds 3 baths ∙ 1,885 Sqft ∙ Built 2010 4 beds 3 baths ∙ 1,885 Sqft ∙ Built 2010
![property image]()
- Rent
- Rent Per SQFT
- $1,620
- $0.86
-
10212 W Watkins Street Tolleson, AZ 1
- 4 beds 3 baths ∙ 1,885 Sqft ∙ Built 2010 4 beds 3 baths ∙ 1,885 Sqft ∙ Built 2010
![property image]()
LEASED 09/21/20- Rent
- Rent Per SQFT
- $1,395
- $0.74
-
10039 W Hess Street Tolleson, AZ 3
- 4 beds 2 baths ∙ 1,869 Sqft ∙ Built 2007 4 beds 2 baths ∙ 1,869 Sqft ∙ Built 2007
![property image]()
LEASED 07/24/20- Rent
- Rent Per SQFT
- $1,649
- $0.88
-
10027 W Whyman Avenue Tolleson, AZ 4
- 3 beds 3 baths ∙ 1,838 Sqft ∙ Built 2012 3 beds 3 baths ∙ 1,838 Sqft ∙ Built 2012
![property image]()
LEASED 05/27/20- Rent
- Rent Per SQFT
- $1,675
- $0.91
-
10205 W Whyman Avenue Tolleson, AZ 5
- 4 beds 3 baths ∙ 1,961 Sqft ∙ Built 2010 4 beds 3 baths ∙ 1,961 Sqft ∙ Built 2010
![property image]()
LEASED 01/03/21- Rent
- Rent Per SQFT
- $1,725
- $0.88
PROPERTY LISTING DETAILS
A.z. & Associates
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6178776
Last Updated: 01/09/2021
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. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
