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PROPERTY INFO
FACTS
- Single Family
- Built In 2014
- Price/Sqft : $159.88
- 2 Days on Market
- MLS # : 6173129
- Updated Date : 12/19/2020 at 09:16
CONSTRUCTION
- Beds : 4
- Floor Size : 2,126 sqft
- Baths : 2 full
Listing Agent
My Home Group Real Estate
Listing Agent's Description
Don't miss out this great home in North Surprise. It has 4 spacious bedrooms and den with 2 full bathrooms. The kitchen has a huge island with breakfast bar that opens to dining and family room. There is tile in all living spaces and carpet in bedrooms. The backyard has covered patio with extended pavers. No rear homes behind house!!
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PRICE & RENT TRENDS
Neighborhood: Desert Oasis
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Desert Oasis
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,810 |
| EXPENSES | Loan Payment | -$1,254 |
| Property Tax | -$178 | |
| Property Insurance | -$69 | |
| HOA | -$92 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$118
|
||
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.
$339,900
PROJECTED PRICE
$1,810
PROJECTED RENT
0.53%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.35% |
| Appreciation Year (1-5) | 10.8% |
| 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
$95,824
LOAN DETAILS
$1,254
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $84,975 |
| Loan Amount | $254,925 |
7.42
YEARS SAVED
$37,054
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
-
$1,977
COMP ESTIMATED VALUE -
$0.93
COMP AVG. RENT PER SQFT
Comps Range
-
26934 N 178th Avenue Surprise, AZ 1
- 4 beds 2 baths ∙ 2,126 Sqft ∙ Built 2014 4 beds 2 baths ∙ 2,126 Sqft ∙ Built 2014
- Rent
- Rent Per SQFT
- $0
- $0.00
-
17248 W Molly Lane Surprise, AZ 2
- 4 beds 3 baths ∙ 1,994 Sqft ∙ Built 2020 4 beds 3 baths ∙ 1,994 Sqft ∙ Built 2020
LEASED 12/04/20- Rent
- Rent Per SQFT
- $1,795
- $0.90
-
17502 W Buckhorn Trail Surprise, AZ 3
- 3 beds 2 baths ∙ 2,032 Sqft ∙ Built 2016 3 beds 2 baths ∙ 2,032 Sqft ∙ Built 2016
LEASED 12/04/20- Rent
- Rent Per SQFT
- $1,950
- $0.96
PROPERTY LISTING DETAILS
My Home Group Real Estate
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6173129
Last Updated: 12/19/2020
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.
