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30115 N Royal Oak Way San Tan Valley, AZ 85143

3 Beds 3 Baths 1,863 sqft Built 2000

$300,000

List Price

$1,250

$1.1K - $1.4K

Rent Est.

PROPERTY INFO

January 22, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2000
  • Price/Sqft : $161.03
  • 3 Days on Market
  • MLS # : 6178891
  • Updated Date : 01/23/2021 at 16:44
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,863 sqft
  • Baths : 2 full , 1 half
Listing Agent

West Usa Realty

Listing Agent's Description

THIS IS THE SAN TAN HOME YOU HAVE BEEN WAITING FOR! Oversized lot,3 Car Garage with extra work space, 3Bedroom + Loft/2.5 Baths,5'' baseboards, beautiful plank style tile one 1st floor & baths. Bedrooms & loft have plush new pad & carpet. Kitchen's newly stained cabinets, sink & faucet, recessed lights, New Stainless Whirlpool Appliances. Master Bedroom/Bath includes large windows, new fan/light, new vanity, separate tub/shower, walk-in closet. Backyard is pool size w/covered patio & concrete pad for your outdoor kitchen/pergola, and whatever you envision. School is around the corner; also close by is golf course, house, pools, sport courts, trails, & shops. Get appointment to view today!

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
 

$270,000$330,000$300,000

PURCHASE PRICE

$1,125$1,375$1,250

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,250
EXPENSES Loan Payment -$1,042
Property Tax -$158
Property Insurance -$64
HOA -$21
Property Management Fees -$99
CASH FLOW
-$134

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.

$300,000

PROJECTED PRICE

$1,250

PROJECTED RENT

0.42%

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

PROJECTED ANNUAL CASH FLOW

11530-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$85,250

INVESTMENT

$85,250

Down Payment
$75,000
Rehab Estimate
$5,750
Closing Costs
$4,500

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$1,042

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $75,000
Loan Amount $225,000
See What Happens When You Reinvest Cash Flow

3.42

YEARS SAVED

$8,518

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,250

    LIST RENT
  • $0.67

    LIST RENT PER SQFT
  • $1,374

    COMP ESTIMATED VALUE
  • $0.74

    COMP AVG. RENT PER SQFT
Comps Range
$1,250
1$1,2502$1,3003$1,4004$1,4255$1,495
$1,495
RENT COMPS ANALYSIS
  • 30115 N Royal Oak Way San Tan Valley, AZ 1
    • 3 beds 3 baths ∙ 1,863 Sqft ∙ Built 2000 3 beds 3 baths ∙ 1,863 Sqft ∙ Built 2000
    • Rent
    • Rent Per SQFT
    •  
    • $1,250
    • $0.67
    •  
  • 735 E Tortoise Trail San Tan Valley, AZ 2
    • 4 beds 2 baths ∙ 1,933 Sqft ∙ Built 2001 4 beds 2 baths ∙ 1,933 Sqft ∙ Built 2001
    LEASED 07/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,300
    • $0.67
    •  
  • 310 E Mountain View Road San Tan Valley, AZ 3
    • 4 beds 2 baths ∙ 1,929 Sqft ∙ Built 2002 4 beds 2 baths ∙ 1,929 Sqft ∙ Built 2002
    LEASED 02/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.73
    •  
  • 620 E Red Rock Trail San Tan Valley, AZ 4
    • 4 beds 3 baths ∙ 1,863 Sqft ∙ Built 1999 4 beds 3 baths ∙ 1,863 Sqft ∙ Built 1999
    LEASED 02/05/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,425
    • $0.76
    •  
  • 1081 E Omega Drive San Tan Valley, AZ 5
    • 4 beds 3 baths ∙ 1,904 Sqft ∙ Built 2002 4 beds 3 baths ∙ 1,904 Sqft ∙ Built 2002
    LEASED 09/05/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $0.79
    •  
PROPERTY LISTING DETAILS
Mark S Gunning
West Usa Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6178891
Last Updated: 01/23/2021
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. Copyright (c) 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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