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
SCHEDULE APPOINTMENT
It's free, with no obligation
PROPERTY INFO
FACTS
- Single Family
- Built In 2020
- Price/Sqft : $175.70
- 2 Days on Market
- MLS # : 6173180
- Updated Date : 12/19/2020 at 14:03
CONSTRUCTION
- Beds : 3
- Floor Size : 1,601 sqft
- Baths : 2 full
Listing Agent
Drh Properties Inc
Listing Agent's Description
New build in the beautiful Master Planned community of Anthem! Can you say LIFESTYLE!! Anthem has tons of activates for your active life! 2 pools, full golf course, tennis courts, work-out facility, dog park, walking paths, & much more! This 1 story home with 3 car tandem garage, sports a stone/stucco front exterior with 8 ft. entry front door. 3 bdrm, 2 baths home is packed w/ function and style! 9ft ceilings, covered patio w/ double slider, kitchen island, Espresso kitchen cabs, granite countertops, 2x20 tile, Stainless-steel Whirlpool appliances, including fridge & W/D, Huge walk-in shower, 2-inch blinds, wifi garage door opener, front landscaping & smart home system are all included! Fast occupy, Available in 45 to 60 days!!
SEE MORE
PRICE & RENT TRENDS
Zip Code: 85132
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 85132
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
Sorry, we do not have sufficient school data for this neighborhood.
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,390 |
| EXPENSES | Loan Payment | -$1,038 |
| Property Tax | -$239 | |
| Property Insurance | -$58 | |
| HOA | -$45 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$89
|
||
This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 10% of earned rent to cover both maintenance and periods of vacancy.
$281,300
PROJECTED PRICE
$1,390
PROJECTED RENT
0.49%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.32% |
| Appreciation Year (1-5) | 8.8% |
| Maintenance Year (1-5) | 3.00% |
| 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
$76,545
LOAN DETAILS
$1,038
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $70,325 |
| Loan Amount | $210,975 |
3.67
YEARS SAVED
$11,318
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
-
$1,393
COMP ESTIMATED VALUE -
$0.87
COMP AVG. RENT PER SQFT
Comps Range
-
2342 N Comiskey Drive Florence, AZ 1
- 3 beds 2 baths ∙ 1,601 Sqft ∙ Built 2020 3 beds 2 baths ∙ 1,601 Sqft ∙ Built 2020
![property image]()
- Rent
- Rent Per SQFT
- $0
- $0.00
-
7347 W Millerton Way Florence, AZ 2
- 3 beds 2 baths ∙ 1,449 Sqft ∙ Built 2006 3 beds 2 baths ∙ 1,449 Sqft ∙ Built 2006
![property image]()
LEASED 07/01/20- Rent
- Rent Per SQFT
- $1,195
- $0.82
-
7954 W Georgetown Way Florence, AZ 3
- 3 beds 2 baths ∙ 1,481 Sqft ∙ Built 2009 3 beds 2 baths ∙ 1,481 Sqft ∙ Built 2009
![property image]()
LEASED 06/05/20- Rent
- Rent Per SQFT
- $1,295
- $0.87
-
8071 W Georgetown Way Florence, AZ 4
- 3 beds 2 baths ∙ 1,538 Sqft ∙ Built 2008 3 beds 2 baths ∙ 1,538 Sqft ∙ Built 2008
![property image]()
LEASED 01/23/20- Rent
- Rent Per SQFT
- $1,400
- $0.91
-
8011 W Georgetown Way Florence, AZ 5
- 4 beds 3 baths ∙ 1,693 Sqft ∙ Built 2008 4 beds 3 baths ∙ 1,693 Sqft ∙ Built 2008
![property image]()
LEASED 11/25/20- Rent
- Rent Per SQFT
- $1,495
- $0.88
PROPERTY LISTING DETAILS
Drh Properties Inc
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6173180
Last Updated: 12/19/2020
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.
