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28384 N Cactus Flower Circle San Tan Valley, AZ 85143

4 Beds 3 Baths 2,287 sqft Built 2013

$340,000

List Price

$1,710

$1.5K - $1.9K

Rent Est.

PROPERTY INFO

December 19, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2013
  • Price/Sqft : $148.67
  • 2 Days on Market
  • MLS # : 6172098
  • Updated Date : 12/19/2020 at 14:51
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,287 sqft
  • Baths : 3 full
Listing Agent

Realty One Group

Listing Agent's Description

Perfect home in an up and coming area. This two story home features four bedrooms plus a loft, and three full bathrooms. The laundry room is amazing with all of it's spaciousness! The kitchen has a large island, a gas range, and granite counter tops. The large backyard has a newly installed pergola. Wait there's more! Don't forget the three car garage!

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
 

$306,000$374,000$340,000

PURCHASE PRICE

$1,539$1,881$1,710

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,710
EXPENSES Loan Payment -$1,254
Property Tax -$180
Property Insurance -$72
HOA -$22
Property Management Fees -$99
CASH FLOW
$84

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.

$340,000

PROJECTED PRICE

$1,710

PROJECTED RENT

0.50%

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$1.2M

PROJECTED ANNUAL CASH FLOW

11530$0.0$5.0k$10k$15k

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$95,850

INVESTMENT

$95,850

Down Payment
$85,000
Rehab Estimate
$5,750
Closing Costs
$5,100

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 40% down payment or higher enables the proceeds from the asset to cover all costs.

$1,254

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $85,000
Loan Amount $255,000
See What Happens When You Reinvest Cash Flow

7.17

YEARS SAVED

$34,281

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,710

    LIST RENT
  • $0.75

    LIST RENT PER SQFT
  • $1,578

    COMP ESTIMATED VALUE
  • $0.69

    COMP AVG. RENT PER SQFT
Comps Range
$1,395
1$1,3952$1,5383$1,5504$1,5955$1,710
$1,710
RENT COMPS ANALYSIS
  • 28384 N Cactus Flower Circle San Tan Valley, AZ 5
    • 4 beds 3 baths ∙ 2,287 Sqft ∙ Built 2013 4 beds 3 baths ∙ 2,287 Sqft ∙ Built 2013
    • Rent
    • Rent Per SQFT
    •  
    • $1,710
    • $0.75
    •  
  • 239 E Diamond Trail San Tan Valley, AZ 1
    • 4 beds 2 baths ∙ 2,165 Sqft ∙ Built 2005 4 beds 2 baths ∙ 2,165 Sqft ∙ Built 2005
    LEASED 02/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,395
    • $0.64
    •  
  • 1195 E Taylor Trail San Tan Valley, AZ 2
    • 4 beds 3 baths ∙ 2,175 Sqft ∙ Built 2016 4 beds 3 baths ∙ 2,175 Sqft ∙ Built 2016
    LEASED 05/31/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,538
    • $0.71
    •  
  • 435 E Cheyenne Road San Tan Valley, AZ 3
    • 3 beds 3 baths ∙ 2,300 Sqft ∙ Built 2002 3 beds 3 baths ∙ 2,300 Sqft ∙ Built 2002
    LEASED 12/04/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.67
    •  
  • 676 E Dry Creek Road San Tan Valley, AZ 4
    • 4 beds 2 baths ∙ 2,151 Sqft ∙ Built 2005 4 beds 2 baths ∙ 2,151 Sqft ∙ Built 2005
    LEASED 03/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $0.74
    •  
PROPERTY LISTING DETAILS
Patty F Kelley
Realty One Group
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6172098
Last Updated: 12/19/2020
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.

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