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31639 N Desert Willow Road San Tan Valley, AZ 85143

4 Beds 3 Baths 2,655 sqft Built 2005

$339,900

List Price

$1,620

$1.5K - $1.8K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 20, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2005
  • Price/Sqft : $128.02
  • 2 Days on Market
  • MLS # : 6207548
  • Updated Date : 03/20/2021 at 07:15
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,655 sqft
  • Baths : 2 full , 1 half
Listing Agent

Hague Partners

Listing Agent's Description

72 Hour Home Sale! INQUIRE IMMEDIATELY TO BID! Great floorplan with all the bells and whistles. 4Bedroom 2.5 Baths, Den, Formal Living/Dining room, Open Kitchen with granite slab countertops, Dark Maple cabinets, Pantry, Breakfast bar, 2'' Wood Blinds, New Appliances - 2019. Updated Lighting- 2020. Nicely appointed Updated Baseboards and Door Trim - 2019. Surround sound. 1/2 bath downstairs. Upstairs offers 2 full BA's & 4BR's along w/loft at the top of the stairs that would make a great game room. The huge master suite, double sinks, large walk-in closet, Separate Toilet Room, Separate Roman Tub/Shower, Berber carpet, and 16'' tile throughout. 3 car garage, RV gate with separate storage area, 1/4 acre lot and so much more. Plenty of space for the entire family!

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
Poston Butte High School High Regular 1,801 79 4

Poston Butte High School

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

$305,910$373,890$339,900

PURCHASE PRICE

$1,458$1,782$1,620

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,620
EXPENSES Loan Payment -$1,181
Property Tax -$179
Property Insurance -$79
HOA -$17
Property Management Fees -$99
CASH FLOW
$65

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.

$339,900

PROJECTED PRICE

$1,620

PROJECTED RENT

0.48%

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$1.2M

PROJECTED ANNUAL CASH FLOW

11530$0.0$5.0k$10k$15k

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$95,824

INVESTMENT

$95,824

Down Payment
$84,975
Rehab Estimate
$5,750
Closing Costs
$5,099

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 45% down payment or higher enables the proceeds from the asset to cover all costs.

$1,181

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $84,975
Loan Amount $254,925
See What Happens When You Reinvest Cash Flow

6.58

YEARS SAVED

$26,613

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,620

    LIST RENT
  • $0.61

    LIST RENT PER SQFT
  • $1,799

    COMP ESTIMATED VALUE
  • $0.68

    COMP AVG. RENT PER SQFT
Comps Range
$1,595
1$1,5952$1,5953$1,6004$1,6205$1,995
$1,995
RENT COMPS ANALYSIS
  • 31639 N Desert Willow Road San Tan Valley, AZ 4
    • 4 beds 3 baths ∙ 2,655 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,655 Sqft ∙ Built 2005
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,620
    • $0.61
    •  
  • 31738 N Cheyenne Drive San Tan Valley, AZ 1
    • 4 beds 3 baths ∙ 2,337 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,337 Sqft ∙ Built 2006
    property image
    LEASED 01/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $0.68
    •  
  • 1262 E Stirrup Lane San Tan Valley, AZ 2
    • 4 beds 3 baths ∙ 2,361 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,361 Sqft ∙ Built 2006
    property image
    LEASED 01/01/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $0.68
    •  
  • 1336 E Desert Holly Drive San Tan Valley, AZ 3
    • 5 beds 3 baths ∙ 2,504 Sqft ∙ Built 2007 5 beds 3 baths ∙ 2,504 Sqft ∙ Built 2007
    property image
    LEASED 04/25/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $0.64
    •  
  • 31840 N Caspian Way San Tan Valley, AZ 5
    • 4 beds 3 baths ∙ 2,809 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,809 Sqft ∙ Built 2005
    property image
    LEASED 01/11/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,995
    • $0.71
    •  
PROPERTY LISTING DETAILS
John Hrimnak
Hague Partners
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6207548
Last Updated: 03/20/2021
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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