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PROPERTY INFO
FACTS
- Single Family
- Built In 2005
- Price/Sqft : $151.59
- 2 Days on Market
- MLS # : 6193915
- Updated Date : 02/13/2021 at 00:57
CONSTRUCTION
- Beds : 4
- Floor Size : 1,913 sqft
- Baths : 2 full
Listing Agent
Realty One Group
Listing Agent's Description
Here it is! Welcome to this stunning 4 bedroom 2 bath home with a split floor plan! This freshly painted and carpeted home is move-in ready! The master bedroom is stunning with plenty of light, separate bedroom exit and huge master bath with double sink and glass shower! Walk thru the grand entry way into the open floor plan to the kitchen that looks out to the great room and the fantastic backyard! Outside you'll find a fenced heated play pool with rock slide and heated spa and a side vehicle entry to store your RV's! Wait! Did you know this has a 3 car garage and is next to a park with a playground? Amazing! This is certainly a rare find that checks all the boxes in a growing area! Stop by and make this home yours today.
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PRICE & RENT TRENDS
Neighborhood: Westpark
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Westpark
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $1,460 |
EXPENSES | Loan Payment | -$1,007 |
Property Tax | -$267 | |
Property Insurance | -$64 | |
HOA | -$18 | |
Property Management Fees | -$99 | |
CASH FLOW
$4
|
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.
$290,000
PROJECTED PRICE
$1,460
PROJECTED RENT
0.50%
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
$82,600
LOAN DETAILS
$1,007
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 3.75% |
Down Payment | $72,500 |
Loan Amount | $217,500 |
5.33
YEARS SAVED
$16,084
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,460
LIST RENT -
$0.76
LIST RENT PER SQFT
-
$1,487
COMP ESTIMATED VALUE -
$0.78
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Realty One Group
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6193915
Last Updated: 02/13/2021

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.