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PROPERTY INFO
FACTS
- Single Family
- Built In 2008
- Price/Sqft : $124.30
- 2 Days on Market
- MLS # : 6174618
- Updated Date : 12/26/2020 at 16:48
CONSTRUCTION
- Beds : 4
- Floor Size : 2,815 sqft
- Baths : 2 full , 1 half
Listing Agent
My Home Group Real Estate
Listing Agent's Description
Welcome to your new 4 bed/2.5 bath home! Featuring plenty of room to park your vehicles with a 3-car tandem garage and RV gate. Step inside to see a beautiful great room with fabulous backyard views. Continue into the cozy family room which includes a gas fireplace perfect for the cooler months. The gourmet kitchen is outfitted with plenty of cabinets, SS appliances, center island, Corian counters, and pantry. Adjacent to kitchen, you'll find the lovely breakfast room providing a sunny bay window. Roomy main bedroom offers private exit, bay window, and gorgeous master bath. The master bath is comprised of separate tub/shower, dual sinks, and walk-in closet w/mirrored sliding doors. In backyard, relax on the grass, under the covered patio, or on the sparkling pool. Call for a showing now!
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PRICE & RENT TRENDS
Neighborhood: Tartesso
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Tartesso
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $1,810 |
EXPENSES | Loan Payment | -$1,291 |
Property Tax | -$237 | |
Property Insurance | -$82 | |
HOA | -$84 | |
Property Management Fees | -$99 | |
CASH FLOW
$17
|
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.
$349,900
PROJECTED PRICE
$1,810
PROJECTED RENT
0.52%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 3.32% |
Appreciation Year (1-5) | 11.2% |
Maintenance Year (1-5) | 8.00% |
Vacancy | 6.56% |
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
$98,474
LOAN DETAILS
$1,291
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $87,475 |
Loan Amount | $262,425 |
5.58
YEARS SAVED
$25,149
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
-
$1,816
COMP ESTIMATED VALUE -
$0.65
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
My Home Group Real Estate
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6174618
Last Updated: 12/26/2020

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.