Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more
REQUEST INFO
SCHEDULE APPOINTMENT
It's free, with no obligation
PROPERTY INFO
FACTS
- Single Family
- Built In 2006
- Price/Sqft : $243.89
- 3 Days on Market
- MLS # : 6170177
- Updated Date : 12/11/2020 at 08:41
CONSTRUCTION
- Beds : 3
- Floor Size : 1,964 sqft
- Baths : 2 full
Listing Agent
Cactus Mountain Properties, Llc
Listing Agent's Description
MOVE IN READY upgraded 3 bedroom/2 bathroom home in highly desired Shamrock Estates in Gilbert. Spilt floorplan with a huge master suite with double sinks, tub, and huge walk in shower. Brand new carpet in bedrooms and living room, tile throughout the rest. Come relax in your own backyard paradise next to the soothing waterfall, or jump in the sparkling heated pool featuring brand new designer travertine pool decking, attached spa and brand new pool heater pump and salt cell. Backyard also features built in grill area, new low maintenance turf and putting green, new drip lines and RV gate. New water softener installed for the home., Come view this beautiful home today!!
SEE MORE
PRICE & RENT TRENDS
Neighborhood: Shamrock Estates
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Shamrock Estates
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,990 |
| EXPENSES | Loan Payment | -$1,767 |
| Property Tax | -$303 | |
| Property Insurance | -$65 | |
| HOA | -$21 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$267
|
||
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.
$479,000
PROJECTED PRICE
$1,990
PROJECTED RENT
0.42%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.17% |
| Appreciation Year (1-5) | 4.7% |
| 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
$132,685
LOAN DETAILS
$1,767
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $119,750 |
| Loan Amount | $359,250 |
2.67
YEARS SAVED
$12,144
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
-
$1,827
COMP ESTIMATED VALUE -
$0.93
COMP AVG. RENT PER SQFT
Comps Range
-
3162 E Powell Way Gilbert, AZ 1
- 3 beds 2 baths ∙ 1,964 Sqft ∙ Built 2006 3 beds 2 baths ∙ 1,964 Sqft ∙ Built 2006
- Rent
- Rent Per SQFT
- $0
- $0.00
-
2988 E Palmdale Lane Gilbert, AZ 2
- 3 beds 2 baths ∙ 1,888 Sqft ∙ Built 2011 3 beds 2 baths ∙ 1,888 Sqft ∙ Built 2011
LEASED 07/24/20- Rent
- Rent Per SQFT
- $1,700
- $0.90
-
2867 E Anika Drive Gilbert, AZ 3
- 4 beds 2 baths ∙ 1,974 Sqft ∙ Built 2007 4 beds 2 baths ∙ 1,974 Sqft ∙ Built 2007
LEASED 12/07/20- Rent
- Rent Per SQFT
- $1,725
- $0.87
-
6335 S Shelby Way Gilbert, AZ 4
- 4 beds 2 baths ∙ 1,932 Sqft ∙ Built 2004 4 beds 2 baths ∙ 1,932 Sqft ∙ Built 2004
LEASED 03/01/20- Rent
- Rent Per SQFT
- $1,800
- $0.93
-
3227 E Virgil Drive Gilbert, AZ 5
- 3 beds 3 baths ∙ 2,147 Sqft ∙ Built 2010 3 beds 3 baths ∙ 2,147 Sqft ∙ Built 2010
LEASED 09/04/20- Rent
- Rent Per SQFT
- $2,200
- $1.02
PROPERTY LISTING DETAILS
Cactus Mountain Properties, Llc
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6170177
Last Updated: 12/11/2020
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.
