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

2636 E Desert Rose Trail San Tan Valley, AZ 85143

5 Beds 3 Baths 2,899 sqft Built 2006

$359,999

List Price

$1,600

$1.4K - $1.8K

Rent Est.

PROPERTY INFO

January 01, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2006
  • Price/Sqft : $124.18
  • 3 Days on Market
  • MLS # : 6176140
  • Updated Date : 01/01/2021 at 19:00
CONSTRUCTION
  • Beds : 5
  • Floor Size : 2,899 sqft
  • Baths : 3 full
Listing Agent

Exp Realty

Listing Agent's Description

Gorgeous home! The entry boasts soaring vaulted ceiling's, upgraded wood-look tile flooring and open spaces. The stairs are lined with gorgeous rod iron bannisters. The kitchen features granite counters, stainless steel appliances, lots of cabinet space and a huge pantry. Living room space can be easily converted back or left with stadium seating according to the buyers preference. There is a full bedroom and bathroom on the main level. Upstairs is a loft, plus 4 more bedrooms and 2 more bathrooms. The master suite has it all, spacious bedroom with a private balcony, and ensuite bathroom with double sinks, separate tub and shower, and a large walk in closet. Well manicured yard backs up to a park and greenbelt space. Side yard also features an RV gate.

SEE MORE

PRICE & RENT TRENDS

Zip Code: 85143

ZipNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260kPrice in $109k271k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Zip Code: 85143

ZipNIR Market*CityMarket2010Year20002019 Q210501100115012001250130013501400145015001550Rent in $10181567

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Magma Ranch K-8 School Primary Regular 788 35 4
Magma Ranch K-8 School Middle Regular 788 35 4
Poston Butte High School High Regular 1,801 79 4

Magma Ranch K-8 School

  • Education Level: Primary
  • # of students: 788
  • # of teachers: 35
4
GreatSchools Rating

Magma Ranch K-8 School

  • Education Level: Middle
  • # of students: 788
  • # of teachers: 35
4
GreatSchools Rating

Poston Butte High School

  • Education Level: High
  • # of students: 1,801
  • # of teachers: 79
4
GreatSchools Rating
 

$323,999$395,999$359,999

PURCHASE PRICE

$1,440$1,760$1,600

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,600
EXPENSES Loan Payment -$1,328
Property Tax -$190
Property Insurance -$84
HOA -$72
Property Management Fees -$99
CASH FLOW
-$173

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 14% of earned rent to cover both maintenance and periods of vacancy.

$359,999

PROJECTED PRICE

$1,600

PROJECTED RENT

0.44%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 7.7%
Maintenance Year (1-5) 8.00%
Vacancy 6.24%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M$1.2M

PROJECTED ANNUAL CASH FLOW

11530-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$101,150

INVESTMENT

$101,150

Down Payment
$90,000
Rehab Estimate
$5,750
Closing Costs
$5,400

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$1,328

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $90,000
Loan Amount $269,999
See What Happens When You Reinvest Cash Flow

3.33

YEARS SAVED

$11,676

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
  • $1,551

    COMP ESTIMATED VALUE
  • $0.54

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,3493$1,3504$1,4755$1,525
$1,525
RENT COMPS ANALYSIS
  • 2636 E Desert Rose Trail San Tan Valley, AZ 1
    • 5 beds 3 baths ∙ 2,899 Sqft ∙ Built 2006 5 beds 3 baths ∙ 2,899 Sqft ∙ Built 2006
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 900 E Desert Rose Trail San Tan Valley, AZ 2
    • 4 beds 3 baths ∙ 2,667 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,667 Sqft ∙ Built 2005
    LEASED 12/02/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,349
    • $0.51
    •  
  • 800 E Cowboy Cove Trail San Tan Valley, AZ 3
    • 4 beds 3 baths ∙ 2,667 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,667 Sqft ∙ Built 2005
    LEASED 05/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $0.51
    •  
  • 811 E Dust Devil Circle San Tan Valley, AZ 4
    • 4 beds 3 baths ∙ 2,668 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,668 Sqft ∙ Built 2005
    LEASED 03/25/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,475
    • $0.55
    •  
  • 30532 N Honeysuckle Drive San Tan Valley, AZ 5
    • 5 beds 3 baths ∙ 2,654 Sqft ∙ Built 2004 5 beds 3 baths ∙ 2,654 Sqft ∙ Built 2004
    LEASED 08/22/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,525
    • $0.57
    •  
PROPERTY LISTING DETAILS
Kristi Jencks
Exp Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6176140
Last Updated: 01/01/2021
support@investimateroi.com

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.

BESbswy