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PROPERTY INFO
FACTS
- Single Family
- Built In 2019
- Price/Sqft : $172.63
- 5 Days on Market
- MLS # : 6169066
- Updated Date : 12/12/2020 at 13:43
CONSTRUCTION
- Beds : 4
- Floor Size : 2,375 sqft
- Baths : 3 full
Listing Agent
Prosmart Realty
Listing Agent's Description
This Beautiful SMART HOME Has FOUR Bedrooms, 4 Bathrooms, with a TEEN ROOM and a 3 car garage. The backyard has amazing mountain views and privacy! Upgraded tile wood planks, gourmet kitchen, his and hers master walk in closets, master bathroom has separate bathroom sinks and a vanity! Great size bedrooms with teen room split floor plan from the master, plus you have a complete other wing if you have guests. This was originally an amazing floor plan through CalAtlantic but was finished by Lennar. Gated community with a Dog Park what more can you ask for!
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PRICE & RENT TRENDS
Neighborhood: Laveen
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Laveen
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,880 |
| EXPENSES | Loan Payment | -$1,513 |
| Property Tax | -$267 | |
| Property Insurance | -$73 | |
| HOA | -$137 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$209
|
||
This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 9% of earned rent to cover both maintenance and periods of vacancy.
$410,000
PROJECTED PRICE
$1,880
PROJECTED RENT
0.46%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.35% |
| Appreciation Year (1-5) | 6.0% |
| Maintenance Year (1-5) | 3.00% |
| 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
$110,650
LOAN DETAILS
$1,513
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $102,500 |
| Loan Amount | $307,500 |
3.08
YEARS SAVED
$11,586
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
-
$1,847
COMP ESTIMATED VALUE -
$0.78
COMP AVG. RENT PER SQFT
Comps Range
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LEASED 09/07/20- Rent
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- $1,750
- $0.71
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LEASED 10/12/20- Rent
- Rent Per SQFT
- $1,845
- $0.80
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2135 W Maldonado Road Phoenix, AZ 4
- 4 beds 2 baths ∙ 2,484 Sqft ∙ Built 2004 4 beds 2 baths ∙ 2,484 Sqft ∙ Built 2004
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LEASED 02/25/20- Rent
- Rent Per SQFT
- $1,950
- $0.79
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![property image]()
LEASED 03/01/20- Rent
- Rent Per SQFT
- $2,000
- $0.81
PROPERTY LISTING DETAILS
Prosmart Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6169066
Last Updated: 12/12/2020
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.
