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PROPERTY INFO
FACTS
- Single Family
- Built In 2006
- Price/Sqft : $194.39
- 3 Days on Market
- MLS # : 6181407
- Updated Date : 01/15/2021 at 17:55
CONSTRUCTION
- Beds : 3
- Floor Size : 1,337 sqft
- Baths : 2 full
Listing Agent
Offerpad
Listing Agent's Description
Don't miss this single level home in Broadway Estates! This home has been refreshed with new interior paint and new carpet. Wood-look tile in the common areas. The kitchen features Quartz countertops and stainless steel appliances. The primary bedroom has a full ensuite bathroom and a walk in closet. Spacious backyard with covered patio. Vacant and ready for viewing, come see!
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PRICE & RENT TRENDS
Neighborhood: Broadway Estates
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Broadway Estates
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $1,250 |
EXPENSES | Loan Payment | -$903 |
Property Tax | -$169 | |
Property Insurance | -$53 | |
Property Management Fees | -$99 | |
CASH FLOW
$26
|
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.
$259,900
PROJECTED PRICE
$1,250
PROJECTED RENT
0.48%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 3.32% |
Appreciation Year (1-5) | 10.9% |
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
$74,624
LOAN DETAILS
$903
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 3.75% |
Down Payment | $64,975 |
Loan Amount | $194,925 |
6
YEARS SAVED
$17,526
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
-
$1,207
COMP ESTIMATED VALUE -
$0.9
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Offerpad
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6181407
Last Updated: 01/15/2021

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. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.