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PROPERTY INFO
FACTS
- Single Family
- Built In 2013
- Price/Sqft : $136.29
- 3 Days on Market
- MLS # : 6184404
- Updated Date : 01/22/2021 at 23:25
CONSTRUCTION
- Beds : 4
- Floor Size : 2,568 sqft
- Baths : 3 full , 1 half
Listing Agent
Genesys Property & Investment
Listing Agent's Description
This home offers 2,568 sqft of living space in this two-story open floorplan, great room, open kitchen with dining, spacious upstairs bonus room for additional living. 3.5 bathrooms. One bedroom with private bathroom downstairs can be used as Mother-In-law suite. 2 car garage with opener, newly installed pendant Lighting , Granite Kitchen Countertops, Double built in oven. newly installed flooring in bedroomsBuyer to Assume Solar Loan. See documents section Low cost electric each month.Refrig, washer and dryer do not convey
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PRICE & RENT TRENDS
Neighborhood: Sin Lomas
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Sin Lomas
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,620 |
| EXPENSES | Loan Payment | -$1,216 |
| Property Tax | -$227 | |
| Property Insurance | -$77 | |
| HOA | -$65 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$64
|
||
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.
$350,000
PROJECTED PRICE
$1,620
PROJECTED RENT
0.46%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.35% |
| Appreciation Year (1-5) | 4.8% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.24% |
| 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
$98,500
LOAN DETAILS
$1,216
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $87,500 |
| Loan Amount | $262,500 |
4.42
YEARS SAVED
$15,166
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
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$0
LIST RENT -
$0
LIST RENT PER SQFT
-
$1,733
COMP ESTIMATED VALUE -
$0.67
COMP AVG. RENT PER SQFT
Comps Range
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LEASED 02/01/20- Rent
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- $1,650
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LEASED 07/21/20- Rent
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- $1,725
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LEASED 02/22/20- Rent
- Rent Per SQFT
- $1,825
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![property image]()
LEASED 04/04/20- Rent
- Rent Per SQFT
- $1,925
- $0.71
PROPERTY LISTING DETAILS
Genesys Property & Investment
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6184404
Last Updated: 01/22/2021
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.
