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PROPERTY INFO
FACTS
- Single Family
- Built In 2006
- Price/Sqft : $176.98
- 2 Days on Market
- MLS # : 6196429
- Updated Date : 02/20/2021 at 08:15
CONSTRUCTION
- Beds : 4
- Floor Size : 1,864 sqft
- Baths : 2 full
Listing Agent
Call Realty, Inc
Listing Agent's Description
PREMIUM LOT w/VIEWS, PRIVACY & no 2 story homes. SOUTH BACKYARD for soothing sunshine & backs to HUGE GREENBELT for ultimate QUIET. Features include GRANITE, stainless appliances, stone back splash, lazy Susan, designer paint 2016, exterior paint 2017, 20'' faux travertine tile, 4BR SPLIT FLOOR PLAN, VAULTED c-lings, ENTERTAINERS backyard, ceiling fans, kitchen island, cabinet pullouts everywhere, x-tra closets for storage, hot water recirc pump, covered patio, garage service door, paver sidewalk & driveway extension, double sinks, walk-in closets, window coverings, 4 panel doors, custom security door, brushed nickel hardware, can lighting, garage windows, pantry, pot shelves & more. Popular floor plan, great neighbors, 2 minutes from grocery & shopping.
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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
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,510 |
| EXPENSES | Loan Payment | -$1,146 |
| Property Tax | -$164 | |
| Property Insurance | -$64 | |
| HOA | -$25 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$12
|
||
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.
$329,900
PROJECTED PRICE
$1,510
PROJECTED RENT
0.46%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.17% |
| Appreciation Year (1-5) | 6.7% |
| 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
$93,174
LOAN DETAILS
$1,146
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $82,475 |
| Loan Amount | $247,425 |
5.5
YEARS SAVED
$19,911
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,510
LIST RENT -
$0.81
LIST RENT PER SQFT
-
$1,501
COMP ESTIMATED VALUE -
$0.8
COMP AVG. RENT PER SQFT
Comps Range
-
2957 W Angel Way Queen Creek, AZ 5
- 4 beds 2 baths ∙ 1,864 Sqft ∙ Built 2006 4 beds 2 baths ∙ 1,864 Sqft ∙ Built 2006
- Rent
- Rent Per SQFT
- $1,510
- $0.81
-
2850 W Angel Way Queen Creek, AZ 1
- 4 beds 2 baths ∙ 1,863 Sqft ∙ Built 2006 4 beds 2 baths ∙ 1,863 Sqft ∙ Built 2006
LEASED 03/01/20- Rent
- Rent Per SQFT
- $1,495
- $0.80
-
2641 W Peggy Drive Queen Creek, AZ 2
- 4 beds 2 baths ∙ 1,925 Sqft ∙ Built 2005 4 beds 2 baths ∙ 1,925 Sqft ∙ Built 2005
LEASED 05/01/20- Rent
- Rent Per SQFT
- $1,495
- $0.78
-
2717 W Gold Dust Avenue San Tan Valley, AZ 3
- 4 beds 2 baths ∙ 1,731 Sqft ∙ Built 2005 4 beds 2 baths ∙ 1,731 Sqft ∙ Built 2005
LEASED 06/06/20- Rent
- Rent Per SQFT
- $1,495
- $0.86
-
2614 W Gold Dust Avenue Queen Creek, AZ 4
- 4 beds 2 baths ∙ 1,921 Sqft ∙ Built 2005 4 beds 2 baths ∙ 1,921 Sqft ∙ Built 2005
LEASED 04/30/20- Rent
- Rent Per SQFT
- $1,499
- $0.78
PROPERTY LISTING DETAILS
Call Realty, Inc
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6196429
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.
