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PROPERTY INFO
FACTS
- Single Family
- Built In 2000
- Price/Sqft : $145.36
- 4 Days on Market
- MLS # : 6166946
- Updated Date : 12/03/2020 at 12:29
CONSTRUCTION
- Beds : 5
- Floor Size : 3,646 sqft
- Baths : 3 full , 1 half
Listing Agent
Delex Realty
Listing Agent's Description
Get ready to fall in love with this stunning & well cared home! The immaculate interior was thoughtfully laid out with multi-zones that gives you endless possibilities of entertainment, making this an entertainer's dream for great memories. The gourmet kitchen, quartz counter, SS appliances, a center island w/breakfast bar, beautiful cabinets, and a pantry. Upstairs, you'll find the split & roomy master retreat which has a master bath for all the privacy you'll need. Master bath is comprised of separate tub/shower, double sinks, and a walk-in closet. You'll be impressed by the amazing backyard boasting a fire-pit area, green grass, sunken ramada w/built-in BBQ & swim up bar, pristine pool w/boulder waterfall & slide, and above-ground spa with alumawood pergola. The perfect lifestyle home!
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PRICE & RENT TRENDS
Neighborhood: San Tan Ranch
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: San Tan Ranch
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,690 |
| EXPENSES | Loan Payment | -$1,955 |
| Property Tax | -$362 | |
| Property Insurance | -$98 | |
| HOA | -$13 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$162
|
||
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.
$530,000
PROJECTED PRICE
$2,690
PROJECTED RENT
0.51%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.17% |
| Appreciation Year (1-5) | 6.6% |
| 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
$146,200
LOAN DETAILS
$1,955
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $132,500 |
| Loan Amount | $397,500 |
7.08
YEARS SAVED
$53,002
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
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$0
LIST RENT -
$0
LIST RENT PER SQFT
-
$2,871
COMP ESTIMATED VALUE -
$0.79
COMP AVG. RENT PER SQFT
Comps Range
-
3315 E Los Altos Road Gilbert, AZ 1
- 5 beds 4 baths ∙ 3,646 Sqft ∙ Built 2000 5 beds 4 baths ∙ 3,646 Sqft ∙ Built 2000
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- Rent
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- $0
- $0.00
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4471 S Franks Place Gilbert, AZ 2
- 5 beds 3 baths ∙ 3,593 Sqft ∙ Built 2001 5 beds 3 baths ∙ 3,593 Sqft ∙ Built 2001
![property image]()
LEASED 12/07/19- Rent
- Rent Per SQFT
- $2,495
- $0.69
-
3348 E Geronimo Court Gilbert, AZ 3
- 5 beds 3 baths ∙ 3,324 Sqft ∙ Built 2003 5 beds 3 baths ∙ 3,324 Sqft ∙ Built 2003
![property image]()
LEASED 02/03/20- Rent
- Rent Per SQFT
- $2,700
- $0.81
-
2875 E Wildhorse Drive Gilbert, AZ 4
- 5 beds 3 baths ∙ 3,479 Sqft ∙ Built 2012 5 beds 3 baths ∙ 3,479 Sqft ∙ Built 2012
![property image]()
LEASED 01/12/20- Rent
- Rent Per SQFT
- $2,850
- $0.82
-
3325 E Geronimo Court Gilbert, AZ 5
- 5 beds 3 baths ∙ 3,423 Sqft ∙ Built 2003 5 beds 3 baths ∙ 3,423 Sqft ∙ Built 2003
![property image]()
LEASED 08/08/20- Rent
- Rent Per SQFT
- $2,850
- $0.83
PROPERTY LISTING DETAILS
Delex Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6166946
Last Updated: 12/03/2020
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.
