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
It's free, with no obligation
PROPERTY INFO
FACTS
- Single Family
- Built In 2003
- Price/Sqft : $216.79
- 1 Days on Market
- MLS # : 6263669
- Updated Date : 07/13/2021 at 17:37
CONSTRUCTION
- Beds : 4
- Floor Size : 2,906 sqft
- Baths : 3 full , 1 half
Listing Agent
Hague Partners
Listing Agent's Description
72 Hour sale! Inquire today. You're going to feel like royalty living in this beautiful palace. This spacious gem offers 2,906 square feet of living space. It sits on over a 1/4 acre lot with a private landscaped backyard, two lawns that are separated by a 1,000 sqft. of cool deck, and a sparkling pool to keep cool in the summer! You don't have to worry about parking with a 3-car garage that is complete with built-in cabinets for extra storage, extended driveway and an RV gate. You'll have room for all your cars and low-profile toys. The home is the perfect layout. The floorplan is split, and on the bottom level is a formal living room, great room, kitchen, laundry room, half bath, and the sizable master suite. The master bathroom is complete with dual sinks, an extra-long vanity, a walk-in
SEE MORE
PRICE & RENT TRENDS
Neighborhood: Paseo Trail North
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Paseo Trail North
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $2,520 |
EXPENSES | Loan Payment | -$2,188 |
Property Tax | -$449 | |
Property Insurance | -$84 | |
HOA | -$23 | |
Property Management Fees | -$99 | |
CASH FLOW
-$322
|
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.
$630,000
PROJECTED PRICE
$2,520
PROJECTED RENT
0.40%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 3.17% |
Appreciation Year (1-5) | 5.6% |
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
$172,700
LOAN DETAILS
$2,188
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 3.75% |
Down Payment | $157,500 |
Loan Amount | $472,500 |
2.5
YEARS SAVED
$12,730
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$2,520
LIST RENT -
$0.87
LIST RENT PER SQFT
-
$2,790
COMP ESTIMATED VALUE -
$0.96
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Hague Partners
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6263669
Last Updated: 07/13/2021

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.