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
INVESTimate
$439,999
List Price
$122,350
REQUEST INFO
It's free, with no obligation
PROPERTY INFO
FACTS
- Built In 2017
- Price/Sqft : $242.16
- 2 Days on Market
- MLS # : 6122178
- Updated Date : 08/25/2020 at 09:12
CONSTRUCTION
- Beds : 4
- Floor Size : 1,817 sqft
- Baths : 2 full
Listing Agent
Berkshire Hathaway Homeservices Arizona Properties
Listing Agent's Description
Near new home, Great price! Hurry before it is gone. Great 4 bedroom 2 bath home on 1.25 acre lot. Large roomy, family/great room that opens into a kitchen with lots of cabinets and a walk in pantry Bedrooms have built in desks for the kids. 2 x 6 construction with spray foam insulation and a 16 seer a/c unit combined with Anderson windows gives you a great energy efficient home. Upgraded cabinets with granite countertops,RO water system, wood look porcelain tile floors, carpet in bedrooms only, vaulted ceilings, large covered back patio. Over sized 2 car garage gives you lots of storage room. NO HOA, so come and live free and bring your toys, animals and family. Everyone will love it. Great location in a quiet area nestled in the San Tan mountains.
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
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $1,410 |
EXPENSES | Loan Payment | -$1,623 |
Property Tax | -$225 | |
Property Insurance | -$63 | |
Property Management Fees | -$99 | |
CASH FLOW
-$600
|
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.
$439,999
PROJECTED PRICE
$1,410
PROJECTED RENT
0.32%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 3.17% |
Appreciation Year (1-5) | 6.68% |
Maintenance Year (1-5) | 8.00% |
Vacancy | 6.60% |
Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$122,350
LOAN DETAILS
$1,623
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $110,000 |
Loan Amount | $329,999 |
0.33
YEARS SAVED
$241
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
-
$1,390
COMP ESTIMATED VALUE -
$0.77
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Berkshire Hathaway Homeservices Arizona Properties
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6122178
Last Updated: 08/25/2020

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.