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30431 N Gunderson Drive San Tan Valley, AZ 85143

3 Beds 2 Baths 2,349 sqft Built 2007

$324,900

List Price

$1,410

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

December 03, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2007
  • Price/Sqft : $138.31
  • 4 Days on Market
  • MLS # : 6167198
  • Updated Date : 12/03/2020 at 16:24
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,349 sqft
  • Baths : 2 full
Listing Agent

Homesmart Lifestyles

Listing Agent's Description

YOUR PRIVATE PARADISE AWAITS! Don't walk, RUN to tour this stunning SINGLE LEVEL 3bd (potential 4th) 2ba home PLUS ofc, before it's gone. Residing on its oversized corner lot, this beauty screams HOME the moment you drive up! Outstanding curb appeal presents itself with newly placed desert landscape, custom coach lights, and water feature! Step inside and the luxury begins with an abundance of upgrades including designer niches, custom plantation shutters, 20'' travertine look-alike tile, nano ceramic tint windows (save electric $$), NEST thermostat, water softener, and ALL STAINLESS APPLIANCES (YES, they stay!). Your Chef will love spending time in the kitchen w granite, breakfast bar, wine glass display w hutch, and large pantry w frosted glass door!

SEE MORE

PRICE & RENT TRENDS

Zip Code: 85143

ZipNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260kPrice in $109k271k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Zip Code: 85143

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
Magma Ranch K-8 School Primary Regular 788 35 4
Magma Ranch K-8 School Middle Regular 788 35 4
Poston Butte High School High Regular 1,801 79 4

Magma Ranch K-8 School

  • Education Level: Primary
  • # of students: 788
  • # of teachers: 35
4
GreatSchools Rating

Magma Ranch K-8 School

  • Education Level: Middle
  • # of students: 788
  • # of teachers: 35
4
GreatSchools Rating

Poston Butte High School

  • Education Level: High
  • # of students: 1,801
  • # of teachers: 79
4
GreatSchools Rating
 

$292,410$357,390$324,900

PURCHASE PRICE

$1,269$1,551$1,410

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,410
EXPENSES Loan Payment -$1,199
Property Tax -$179
Property Insurance -$73
HOA -$72
Property Management Fees -$99
CASH FLOW
-$212

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.

$324,900

PROJECTED PRICE

$1,410

PROJECTED RENT

0.43%

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$1.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$91,849

INVESTMENT

$91,849

Down Payment
$81,225
Rehab Estimate
$5,750
Closing Costs
$4,874

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,199

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $81,225
Loan Amount $243,675
See What Happens When You Reinvest Cash Flow

2.42

YEARS SAVED

$7,061

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,410

    LIST RENT
  • $0.6

    LIST RENT PER SQFT
  • $1,539

    COMP ESTIMATED VALUE
  • $0.65

    COMP AVG. RENT PER SQFT
Comps Range
$1,410
1$1,4102$1,4753$1,5044$1,5755$1,595
$1,595
RENT COMPS ANALYSIS
  • 30431 N Gunderson Drive San Tan Valley, AZ 1
    • 3 beds 2 baths ∙ 2,349 Sqft ∙ Built 2007 3 beds 2 baths ∙ 2,349 Sqft ∙ Built 2007
    • Rent
    • Rent Per SQFT
    •  
    • $1,410
    • $0.60
    •  
  • 1746 E Dust Devil Drive San Tan Valley, AZ 2
    • 3 beds 3 baths ∙ 2,433 Sqft ∙ Built 2003 3 beds 3 baths ∙ 2,433 Sqft ∙ Built 2003
    LEASED 01/31/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,475
    • $0.61
    •  
  • 30546 N Honeysuckle Drive San Tan Valley, AZ 3
    • 4 beds 3 baths ∙ 2,301 Sqft ∙ Built 2004 4 beds 3 baths ∙ 2,301 Sqft ∙ Built 2004
    LEASED 05/25/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,504
    • $0.65
    •  
  • 30454 N Honeysuckle Drive Queen Creek, AZ 4
    • 4 beds 3 baths ∙ 2,432 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,432 Sqft ∙ Built 2005
    LEASED 03/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,575
    • $0.65
    •  
  • 2301 E Renegade Trail San Tan Valley, AZ 5
    • 4 beds 2 baths ∙ 2,239 Sqft ∙ Built 2006 4 beds 2 baths ∙ 2,239 Sqft ∙ Built 2006
    LEASED 07/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $0.71
    •  
PROPERTY LISTING DETAILS
Tina Dudek
Homesmart Lifestyles
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6167198
Last Updated: 12/03/2020
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. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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