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

28144 N Pasture Canyon Drive San Tan Valley, AZ 85143

4 Beds 3 Baths 2,993 sqft Built 2006

$329,000

List Price

$1,470

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

November 21, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2006
  • Price/Sqft : $109.92
  • 2 Days on Market
  • MLS # : 6163573
  • Updated Date : 11/21/2020 at 15:04
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,993 sqft
  • Baths : 2 full , 1 half
Listing Agent

West Usa Realty

Listing Agent's Description

4 bdrm with a den and a large loft. This is one of DR Hortons most sought after floorplans in all of thier communities. This home has generous sized rooms with a huge master that has walk-in closet. The soaring cielings, granite counters, and upgraded stair rail really show well in this home. There as an extra deep driveay that leads to 3 car garage. This home has wonderful natural lighting throughout the house. Upstairs rooms and back yard boast extremely beautiful sunsets and sky views due to the fact that thier are no neighbors directly behind the home. New carpet blends well with the nice tile. Home does need a little cosmetic TLC, but is in great shape and is a wonderful canvas for someone with a creative mind. Listing agent related to seller.,.seller will review offers on 11-28-20

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Johnson Ranch

ZipNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260kPrice in $109k271k

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

Neighborhood: Johnson Ranch

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
Walker Butte K-8 School Primary Regular 913 51 4
Walker Butte K-8 School Middle Regular 913 51 4
Poston Butte High School High Regular 1,801 79 4

Walker Butte K-8 School

  • Education Level: Primary
  • # of students: 913
  • # of teachers: 51
4
GreatSchools Rating

Walker Butte K-8 School

  • Education Level: Middle
  • # of students: 913
  • # of teachers: 51
4
GreatSchools Rating

Poston Butte High School

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

$296,100$361,900$329,000

PURCHASE PRICE

$1,323$1,617$1,470

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,470
EXPENSES Loan Payment -$1,214
Property Tax -$179
Property Insurance -$86
HOA -$21
Property Management Fees -$99
CASH FLOW
-$128

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.

$329,000

PROJECTED PRICE

$1,470

PROJECTED RENT

0.45%

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$1.0M

PROJECTED ANNUAL CASH FLOW

11530-$4.0k-$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$200k$400k$600k$800k$1.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$92,935

INVESTMENT

$92,935

Down Payment
$82,250
Rehab Estimate
$5,750
Closing Costs
$4,935

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$1,214

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $82,250
Loan Amount $246,750
See What Happens When You Reinvest Cash Flow

3.67

YEARS SAVED

$13,186

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
  • $1,631

    COMP ESTIMATED VALUE
  • $0.55

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,4953$1,5004$1,5955$1,650
$1,650
RENT COMPS ANALYSIS
  • 28144 N Pasture Canyon Drive San Tan Valley, AZ 1
    • 4 beds 3 baths ∙ 2,993 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,993 Sqft ∙ Built 2006
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 28607 N Posse Road San Tan Valley, AZ 2
    • 4 beds 3 baths ∙ 2,678 Sqft ∙ Built 2007 4 beds 3 baths ∙ 2,678 Sqft ∙ Built 2007
    LEASED 07/26/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $0.56
    •  
  • 1168 E Coyote Creek Way San Tan Valley, AZ 3
    • 5 beds 3 baths ∙ 2,997 Sqft ∙ Built 2005 5 beds 3 baths ∙ 2,997 Sqft ∙ Built 2005
    LEASED 12/04/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.50
    •  
  • 356 E Shawnee Road San Tan Valley, AZ 4
    • 4 beds 3 baths ∙ 2,659 Sqft ∙ Built 2003 4 beds 3 baths ∙ 2,659 Sqft ∙ Built 2003
    LEASED 11/11/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $0.60
    •  
  • 346 E Dry Creek Road Queen Creek, AZ 5
    • 4 beds 3 baths ∙ 3,193 Sqft ∙ Built 2005 4 beds 3 baths ∙ 3,193 Sqft ∙ Built 2005
    LEASED 07/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $0.52
    •  
PROPERTY LISTING DETAILS
Sam Hweimel
West Usa Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6163573
Last Updated: 11/21/2020
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.

BESbswy