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PROPERTY INFO
FACTS
- Single Family
- Built In 2004
- Price/Sqft : $226.32
- 2 Days on Market
- MLS # : 6170782
- Updated Date : 12/12/2020 at 13:21
CONSTRUCTION
- Beds : 4
- Floor Size : 4,414 sqft
- Baths : 4 full , 1 half
Listing Agent
Rattler Realty, Llc
Listing Agent's Description
Beautiful home with gorgeous mountain views. Treat yourself to a dip in the pool in the hot summer. Enjoy your spacious acre lot complete with a private gated entry and 2 RV gates. Home comes with an in-law suite with a private exit, living room, and a complete bathroom/wet bar. The kitchen comes with an oversized island with multiple ovens. The 15+ foot ceilings add incredible natural light into the home, making for a warm and cozy environment.
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PRICE & RENT TRENDS
Neighborhood: Softwind Estates
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Softwind Estates
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $3,410 |
| EXPENSES | Loan Payment | -$3,686 |
| Property Tax | -$738 | |
| Property Insurance | -$113 | |
| HOA | -$10 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$1,236
|
||
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.
$998,990
PROJECTED PRICE
$3,410
PROJECTED RENT
0.34%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.17% |
| Appreciation Year (1-5) | 6.2% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.60% |
| 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
$270,482
LOAN DETAILS
$3,686
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $249,748 |
| Loan Amount | $749,243 |
0.33
YEARS SAVED
$933
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
-
$2,847
COMP ESTIMATED VALUE -
$0.65
COMP AVG. RENT PER SQFT
Comps Range
-
23807 N 64th Avenue Glendale, AZ 1
- 4 beds 5 baths ∙ 4,414 Sqft ∙ Built 2004 4 beds 5 baths ∙ 4,414 Sqft ∙ Built 2004
- Rent
- Rent Per SQFT
- $0
- $0.00
-
25277 N 74th Avenue Peoria, AZ 2
- 5 beds 4 baths ∙ 4,457 Sqft ∙ Built 2000 5 beds 4 baths ∙ 4,457 Sqft ∙ Built 2000
LEASED 07/01/19- Rent
- Rent Per SQFT
- $2,700
- $0.61
-
5708 W Robb Lane Glendale, AZ 3
- 5 beds 5 baths ∙ 4,262 Sqft ∙ Built 2003 5 beds 5 baths ∙ 4,262 Sqft ∙ Built 2003
LEASED 06/29/19- Rent
- Rent Per SQFT
- $2,900
- $0.68
PROPERTY LISTING DETAILS
Rattler Realty, Llc
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6170782
Last Updated: 12/12/2020
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.
