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PROPERTY INFO
FACTS
- Single Family
- Built In 2003
- Price/Sqft : $195.69
- 1 Days on Market
- MLS # : 6197201
- Updated Date : 02/20/2021 at 23:40
CONSTRUCTION
- Beds : 3
- Floor Size : 1,277 sqft
- Baths : 2 full
Listing Agent
Presidential Realty, Llc
Listing Agent's Description
Fantastic opportunity to own this beautifully remodeled 3bed/2bath San Tan Valley home located in desirable Copper Basin. This gem features great curb appeal leading into the must see interior. Gorgeous new wood look flooring, vaulted ceilings, an inviting neutral paint palate and an open concept floorplan are sure to impress. A/C is less than one year old. Kitchen boasts quartz countertops, a plethora of white cabinetry and stainless steel appliances. Lovely master retreat with bay window, includes private en suite and walk in closet. The low maintenance backyard with covered patio is perfect for pets and play. Do not miss out. See it today and make it yours!
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PRICE & RENT TRENDS
Zip Code: 85143
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 85143
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,190 |
| EXPENSES | Loan Payment | -$868 |
| Property Tax | -$132 | |
| Property Insurance | -$52 | |
| HOA | -$91 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$52
|
||
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.
$249,900
PROJECTED PRICE
$1,190
PROJECTED RENT
0.48%
PROJECTED RENT / PRICE RATIO
| 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
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$71,974
LOAN DETAILS
$868
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $62,475 |
| Loan Amount | $187,425 |
4.33
YEARS SAVED
$10,434
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,190
LIST RENT -
$0.93
LIST RENT PER SQFT
-
$1,041
COMP ESTIMATED VALUE -
$0.82
COMP AVG. RENT PER SQFT
Comps Range
-
2850 E Bagdad Road San Tan Valley, AZ 2
- 3 beds 2 baths ∙ 1,277 Sqft ∙ Built 2003 3 beds 2 baths ∙ 1,277 Sqft ∙ Built 2003
- Rent
- Rent Per SQFT
- $1,190
- $0.93
-
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
-
2895 E Mineral Park Road San Tan Valley, AZ 3
- 4 beds 2 baths ∙ 1,605 Sqft ∙ Built 2002 4 beds 2 baths ∙ 1,605 Sqft ∙ Built 2002
LEASED 09/05/19- Rent
- Rent Per SQFT
- $1,295
- $0.81
-
3005 E Pinto Valley Road San Tan Valley, AZ 4
- 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
-
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
Presidential Realty, Llc
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6197201
Last Updated: 02/20/2021
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. Copyright (c) 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
