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
REQUEST INFO
SCHEDULE APPOINTMENT
It's free, with no obligation
PROPERTY INFO
FACTS
- Single Family
- Built In 2005
- Price/Sqft : $182.89
- 2 Days on Market
- MLS # : 6174592
- Updated Date : 12/26/2020 at 10:11
CONSTRUCTION
- Beds : 4
- Floor Size : 1,613 sqft
- Baths : 2 full
Listing Agent
Jk Realty
Listing Agent's Description
WOW! *Lovely 4 bedroom home & Community POOL! *Open floor plan with Vaulted Ceilings *Bright Kitchen *Beautiful Cabinets *Dining area *Bay window *Stainless/Steel Appliances + Refrigerator! *Breakfast Bar *Spacious Great room *Ceiling fans in every room *Large & Vaulted Master Suite with Bay Window *WI Closet *Raised Vanity *Separate Shower & Garden Tub *Private Toilet room *Security System *Big & Grassy Backyard *Covered Patio *Extended Pavers *Corner Lot *N/S Exposure *This Community has a Pool, Fitness Center, Club House, 19 Playgrounds, Volleyball & Basketball Courts, Multiple Parks + 6 miles of trails & paths for family to enjoy! *Close to Schools & San Tan Reginal Park for hiking/biking! *Move in condition!
SEE MORE
PRICE & RENT TRENDS
Zip Code: 85142
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 85142
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,400 |
| EXPENSES | Loan Payment | -$1,088 |
| Property Tax | -$147 | |
| Property Insurance | -$59 | |
| HOA | -$25 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$18
|
||
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.
$295,000
PROJECTED PRICE
$1,400
PROJECTED RENT
0.47%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.17% |
| Appreciation Year (1-5) | 6.7% |
| 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
$83,925
LOAN DETAILS
$1,088
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $73,750 |
| Loan Amount | $221,250 |
5.33
YEARS SAVED
$19,117
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
-
$1,387
COMP ESTIMATED VALUE -
$0.86
COMP AVG. RENT PER SQFT
Comps Range
-
2768 W Jasper Butte Drive Queen Creek, AZ 1
- 4 beds 2 baths ∙ 1,613 Sqft ∙ Built 2005 4 beds 2 baths ∙ 1,613 Sqft ∙ Built 2005
- Rent
- Rent Per SQFT
- $0
- $0.00
-
2210 W Kristina Avenue Queen Creek, AZ 2
- 4 beds 2 baths ∙ 1,465 Sqft ∙ Built 2006 4 beds 2 baths ∙ 1,465 Sqft ∙ Built 2006
LEASED 04/10/20- Rent
- Rent Per SQFT
- $1,295
- $0.88
-
2463 W Allens Peak Drive Queen Creek, AZ 3
- 4 beds 2 baths ∙ 1,521 Sqft ∙ Built 2003 4 beds 2 baths ∙ 1,521 Sqft ∙ Built 2003
LEASED 05/01/20- Rent
- Rent Per SQFT
- $1,300
- $0.85
-
2754 W Gold Dust Avenue Queen Creek, AZ 4
- 4 beds 2 baths ∙ 1,613 Sqft ∙ Built 2005 4 beds 2 baths ∙ 1,613 Sqft ∙ Built 2005
LEASED 02/25/20- Rent
- Rent Per SQFT
- $1,375
- $0.85
-
2717 W Gold Dust Avenue San Tan Valley, AZ 5
- 4 beds 2 baths ∙ 1,731 Sqft ∙ Built 2005 4 beds 2 baths ∙ 1,731 Sqft ∙ Built 2005
LEASED 06/06/20- Rent
- Rent Per SQFT
- $1,495
- $0.86
PROPERTY LISTING DETAILS
Jk Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6174592
Last Updated: 12/26/2020
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.
