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PROPERTY INFO
FACTS
- Single Family
- Built In 2002
- Price/Sqft : $216.63
- 3 Days on Market
- MLS # : 6181181
- Updated Date : 01/15/2021 at 03:16
CONSTRUCTION
- Beds : 2
- Floor Size : 1,569 sqft
- Baths : 2 full
Listing Agent
The Rodney Jackson Company
Listing Agent's Description
This is not a home to simply drive by. The curb appeal alone will make you want to make an offer. Incredible curb appeal for this Oakmont model. Note the recent exterior paint and paver driveway. Once inside you'll think you stepped into a much newer home that shows like a model. This open concept home with 2 beds, 2 baths plus office (flex space) also offers: updated kitchen with refinished cabinets thru-out, stainless appliances and granite counters. beautiful wood looking tile floors, shutters and custom window shades, beautiful interior paint color, etc. But here are some even better perks: Owned solar, extended garage, new windows, new drip system in 2019, water feature & spa in yard, new HVAC in 2020 and the list goes on. Be prepared to be amazed, and bring your check book. Act now.
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PRICE & RENT TRENDS
Neighborhood: Pebblecreek
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Pebblecreek
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $1,550 |
EXPENSES | Loan Payment | -$1,181 |
Property Tax | -$331 | |
Property Insurance | -$58 | |
HOA | -$38 | |
Property Management Fees | -$99 | |
CASH FLOW
-$156
|
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.
$339,900
PROJECTED PRICE
$1,550
PROJECTED RENT
0.46%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 3.17% |
Appreciation Year (1-5) | 4.8% |
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
$95,824
LOAN DETAILS
$1,181
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 3.75% |
Down Payment | $84,975 |
Loan Amount | $254,925 |
2.58
YEARS SAVED
$7,092
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
-
$1,553
COMP ESTIMATED VALUE -
$0.99
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
The Rodney Jackson Company
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6181181
Last Updated: 01/15/2021

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. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.