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PROPERTY INFO
FACTS
- Single Family
- Built In 2017
- Price/Sqft : $201.12
- 4 Days on Market
- MLS # : 6167452
- Updated Date : 12/10/2020 at 02:15
CONSTRUCTION
- Beds : 3
- Floor Size : 2,237 sqft
- Baths : 2 full , 1 half
Listing Agent
Exp Realty
Listing Agent's Description
Bring your pickiest buyer! Over $150k in upgrades FORMER MODEL!!!! FULLY PAID SOLAR!! Absolutely every detail thought of! This is the open concept Refuge layout, & the added bay windows in Master and Kitchen! Huge Center sliding Glass door, Linear fireplace, 3rd bedroom has a double barn door and closet so could be office or bedroom, 8 foot interior doors, Gorgeous staggered 36 and 42in cabinetry w/roll out shelves, Chef kitchen with 5 burner gas cooktop, walk in pantry, gas stub in laundry and for bbq, Granite countertops with gorgeous leather texture finish, custom closet organizers in every room, top of the line custom lighting & fans t/out, Master retreat with bay windows, walk in luxurious shower w/dual heads and rain shower, pebble bottom &Tile surround, epoxy garage w/cabinets, and
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PRICE & RENT TRENDS
Neighborhood: Sun City Festival
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Sun City Festival
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $1,700 |
EXPENSES | Loan Payment | -$1,660 |
Property Tax | -$353 | |
Property Insurance | -$71 | |
HOA | -$48 | |
Property Management Fees | -$99 | |
CASH FLOW
-$531
|
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.
$449,900
PROJECTED PRICE
$1,700
PROJECTED RENT
0.38%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 3.17% |
Appreciation Year (1-5) | 3.4% |
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
$124,974
LOAN DETAILS
$1,660
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $112,475 |
Loan Amount | $337,425 |
0.42
YEARS SAVED
$663
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,700
LIST RENT -
$0.76
LIST RENT PER SQFT
-
$1,730
COMP ESTIMATED VALUE -
$0.77
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Exp Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6167452
Last Updated: 12/10/2020

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.