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2811 E Superior Road San Tan Valley, AZ 85143

3 Beds 2 Baths 1,334 sqft Built 2003

$265,000

List Price

$1,310

$1.2K - $1.4K

Rent Est.

PROPERTY INFO

January 14, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2003
  • Price/Sqft : $198.65
  • 4 Days on Market
  • MLS # : 6180988
  • Updated Date : 01/15/2021 at 23:22
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,334 sqft
  • Baths : 2 full
Listing Agent

O48 Realty

Listing Agent's Description

This great room floor plan as been newly remodeled with new paint, carpet, kitchen counter tops, appliances, fixtures and more! The garage has been painted with epoxy floorings and Winter grass seed has been laid. Also, 2 years are left on the home warranty. This home is turn key ready and will not last long.

SEE MORE

PRICE & RENT TRENDS

Zip Code: 85143

ZipNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260kPrice in $109k271k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Zip Code: 85143

ZipNIR Market*CityMarket2010Year20002019 Q210501100115012001250130013501400145015001550Rent in $10181567

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Copper Basin K-8 School Primary Regular 765 35 6
Copper Basin K-8 School Middle Regular 765 35 6
Poston Butte High School High Regular 1,801 79 4

Copper Basin K-8 School

  • Education Level: Primary
  • # of students: 765
  • # of teachers: 35
6
GreatSchools Rating

Copper Basin K-8 School

  • Education Level: Middle
  • # of students: 765
  • # of teachers: 35
6
GreatSchools Rating

Poston Butte High School

  • Education Level: High
  • # of students: 1,801
  • # of teachers: 79
4
GreatSchools Rating
 

$238,500$291,500$265,000

PURCHASE PRICE

$1,179$1,441$1,310

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,310
EXPENSES Loan Payment -$920
Property Tax -$140
Property Insurance -$53
HOA -$76
Property Management Fees -$99
CASH FLOW
$21

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.

$265,000

PROJECTED PRICE

$1,310

PROJECTED RENT

0.49%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 7.7%
Maintenance Year (1-5) 8.00%
Vacancy 6.24%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k

PROJECTED ANNUAL CASH FLOW

11530-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$75,975

INVESTMENT

$75,975

Down Payment
$66,250
Rehab Estimate
$5,750
Closing Costs
$3,975

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 45% down payment or higher enables the proceeds from the asset to cover all costs.

$920

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $66,250
Loan Amount $198,750
See What Happens When You Reinvest Cash Flow

5.83

YEARS SAVED

$17,343

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $1,310

    LIST RENT
  • $0.98

    LIST RENT PER SQFT
  • $1,101

    COMP ESTIMATED VALUE
  • $0.83

    COMP AVG. RENT PER SQFT
Comps Range
$1,150
1$1,1502$1,2953$1,3104$1,3255$1,345
$1,345
RENT COMPS ANALYSIS
  • 2811 E Superior Road San Tan Valley, AZ 3
    • 3 beds 2 baths ∙ 1,334 Sqft ∙ Built 2003 3 beds 2 baths ∙ 1,334 Sqft ∙ Built 2003
    • Rent
    • Rent Per SQFT
    •  
    • $1,310
    • $0.98
    •  
  • 2685 E Olivine Road San Tan Valley, AZ 1
    • 3 beds 2 baths ∙ 1,424 Sqft ∙ Built 2003 3 beds 2 baths ∙ 1,424 Sqft ∙ Built 2003
    LEASED 02/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,150
    • $0.81
    •  
  • 3005 E Pinto Valley Road San Tan Valley, AZ 2
    • 3 beds 2 baths ∙ 1,621 Sqft ∙ Built 2003 3 beds 2 baths ∙ 1,621 Sqft ∙ Built 2003
    LEASED 12/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,295
    • $0.80
    •  
  • 2968 E Silverbell Road San Tan Valley, AZ 4
    • 4 beds 2 baths ∙ 1,555 Sqft ∙ Built 2003 4 beds 2 baths ∙ 1,555 Sqft ∙ Built 2003
    LEASED 01/12/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,325
    • $0.85
    •  
  • 2904 E Sierrita Road San Tan Valley, AZ 5
    • 3 beds 2 baths ∙ 1,607 Sqft ∙ Built 2003 3 beds 2 baths ∙ 1,607 Sqft ∙ Built 2003
    LEASED 03/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,345
    • $0.84
    •  
PROPERTY LISTING DETAILS
Carrie Pampanin
O48 Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6180988
Last Updated: 01/15/2021
support@investimateroi.com

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.

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