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
REQUEST INFO
SCHEDULE APPOINTMENT
It's free, with no obligation
PROPERTY INFO
FACTS
- Single Family
- Built In 2005
- Price/Sqft : $213.94
- 2 Days on Market
- MLS # : 6197122
- Updated Date : 02/21/2021 at 03:03
CONSTRUCTION
- Beds : 3
- Floor Size : 1,636 sqft
- Baths : 2 full
Listing Agent
Caliber Realty Group, Llc
Listing Agent's Description
Don't miss this beautifully remodeled single family home with split floor plan. This home is appointed with new pergo large plank wood flooring throughout. The kitchen features cherry wood cabinets, white quartz marble counter tops, new mircowave,new sink with bronzed faucet. Enjoy a large dining living area perfect for entertainment. New custom paint and blinds throughout. Large master bedroom with walk in closet. Master bath features separate shower and garden tub. Low maintenance front and back yard. Enjoy early morning sunrise on your covered patio. Wonderful community with mountain views. Close to hiking and biking trails as well as restaurants and grocery stores.
SEE MORE
PRICE & RENT TRENDS
Neighborhood: Sonoran Mountain Ranch
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Sonoran Mountain Ranch
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,790 |
| EXPENSES | Loan Payment | -$1,216 |
| Property Tax | -$244 | |
| Property Insurance | -$59 | |
| HOA | -$37 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$136
|
||
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.
$350,000
PROJECTED PRICE
$1,790
PROJECTED RENT
0.51%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.17% |
| Appreciation Year (1-5) | 3.4% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.60% |
| 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
$98,500
LOAN DETAILS
$1,216
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $87,500 |
| Loan Amount | $262,500 |
7.33
YEARS SAVED
$31,396
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
-
$1,628
COMP ESTIMATED VALUE -
$0.99
COMP AVG. RENT PER SQFT
Comps Range
-
29348 N 67th Avenue Peoria, AZ 1
- 3 beds 2 baths ∙ 1,636 Sqft ∙ Built 2005 3 beds 2 baths ∙ 1,636 Sqft ∙ Built 2005
- Rent
- Rent Per SQFT
- $0
- $0.00
-
6506 W Yellow Bird Lane Phoenix, AZ 2
- 3 beds 2 baths ∙ 1,663 Sqft ∙ Built 2004 3 beds 2 baths ∙ 1,663 Sqft ∙ Built 2004
LEASED 02/25/20- Rent
- Rent Per SQFT
- $1,595
- $0.96
-
29355 N 69th Avenue Peoria, AZ 3
- 3 beds 2 baths ∙ 1,733 Sqft ∙ Built 2006 3 beds 2 baths ∙ 1,733 Sqft ∙ Built 2006
LEASED 06/01/20- Rent
- Rent Per SQFT
- $1,700
- $0.98
-
7115 W Lone Tree Trail Peoria, AZ 4
- 4 beds 3 baths ∙ 1,818 Sqft ∙ Built 2007 4 beds 3 baths ∙ 1,818 Sqft ∙ Built 2007
LEASED 03/13/20- Rent
- Rent Per SQFT
- $1,865
- $1.03
-
7108 W Desert Mirage Drive Peoria, AZ 5
- 3 beds 3 baths ∙ 1,885 Sqft ∙ Built 2007 3 beds 3 baths ∙ 1,885 Sqft ∙ Built 2007
LEASED 11/25/20- Rent
- Rent Per SQFT
- $1,895
- $1.01
PROPERTY LISTING DETAILS
Caliber Realty Group, Llc
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6197122
Last Updated: 02/21/2021
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.
