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

330 E Goldmine Court San Tan Valley, AZ 85140

4 Beds 3 Baths 2,280 sqft Built 2006

$330,000

List Price

$1,540

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
February 19, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2006
  • Price/Sqft : $144.74
  • 3 Days on Market
  • MLS # : 6195837
  • Updated Date : 02/20/2021 at 19:06
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,280 sqft
  • Baths : 2 full , 1 half
Listing Agent

Keller Williams Arizona Realty

Listing Agent's Description

This great family home sits on an oversized corner lot & offers 4 bedrooms + den/office & 2.5 baths in 2280 SqFt with a great room floor plan & upstairs loft. The updated kitchen features staggered cabinetry, Corian counters, subway tile backsplash, & stainless appliances. Sliding doors lead out from the great room to a fabulous backyard complete with a sparkling pool, extensive paver patio, grass for kids & pets to play on, & covered patio with ceiling fan. The master bedroom is on the main level & has a walk-in closet & private bath with dual sink vanity & oversized shower. Secondary bedrooms are upstairs & the upstairs bath has double sinks & tub/shower combo. Other features: 2 car garage, newer wood laminate floors throughout main level, new carpet upstairs, new exterior paint & much *

SEE MORE

PRICE & RENT TRENDS

Zip Code: 85140

ZipNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260kPrice in $109k271k

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

Zip Code: 85140

ZipNIR Market*CityMarket2010Year20002019 Q2100010501100115012001250130013501400145015001550Rent in $9681567

* 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
J. O. Combs Middle School Middle Regular 698 27 4
Combs High School High Regular 1,302 49 3

J. O. Combs Middle School

  • Education Level: Middle
  • # of students: 698
  • # of teachers: 27
4
GreatSchools Rating

Combs High School

  • Education Level: High
  • # of students: 1,302
  • # of teachers: 49
3
GreatSchools Rating
 

$297,000$363,000$330,000

PURCHASE PRICE

$1,386$1,694$1,540

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,540
EXPENSES Loan Payment -$1,146
Property Tax -$175
Property Insurance -$72
HOA -$21
Property Management Fees -$99
CASH FLOW
$27

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.

$330,000

PROJECTED PRICE

$1,540

PROJECTED RENT

0.47%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 8.7%
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-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k$14k$16k

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$93,200

INVESTMENT

$93,200

Down Payment
$82,500
Rehab Estimate
$5,750
Closing Costs
$4,950

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,146

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $82,500
Loan Amount $247,500
See What Happens When You Reinvest Cash Flow

6.08

YEARS SAVED

$22,522

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,540

    LIST RENT
  • $0.68

    LIST RENT PER SQFT
  • $1,727

    COMP ESTIMATED VALUE
  • $0.76

    COMP AVG. RENT PER SQFT
Comps Range
$1,540
1$1,5402$1,6503$1,6504$1,6855$1,885
$1,885
RENT COMPS ANALYSIS
  • 330 E Goldmine Court San Tan Valley, AZ 1
    • 4 beds 3 baths ∙ 2,280 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,280 Sqft ∙ Built 2006
    • Rent
    • Rent Per SQFT
    •  
    • $1,540
    • $0.68
    •  
  • 1386 E Harvest Road San Tan Valley, AZ 2
    • 4 beds 3 baths ∙ 2,223 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,223 Sqft ∙ Built 2006
    LEASED 02/01/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $0.74
    •  
  • 41664 N Salix Drive San Tan Valley, AZ 3
    • 5 beds 3 baths ∙ 2,281 Sqft ∙ Built 2006 5 beds 3 baths ∙ 2,281 Sqft ∙ Built 2006
    LEASED 02/01/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $0.72
    •  
  • 1230 E Press Place San Tan Valley, AZ 4
    • 5 beds 3 baths ∙ 2,253 Sqft ∙ Built 2005 5 beds 3 baths ∙ 2,253 Sqft ∙ Built 2005
    LEASED 03/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,685
    • $0.75
    •  
  • 1130 E Oak Road San Tan Valley, AZ 5
    • 4 beds 2 baths ∙ 2,304 Sqft ∙ Built 2005 4 beds 2 baths ∙ 2,304 Sqft ∙ Built 2005
    LEASED 02/13/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,885
    • $0.82
    •  
PROPERTY LISTING DETAILS
Beth M Rider
Keller Williams Arizona Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6195837
Last Updated: 02/20/2021
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.

BESbswy