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34457 N Vidlak Drive San Tan Valley, AZ 85143

4 Beds 2 Baths 2,326 sqft Built 2006

$390,000

List Price

$1,600

$1.4K - $1.8K

Rent Est.

PROPERTY INFO

December 13, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2006
  • Price/Sqft : $167.67
  • 2 Days on Market
  • MLS # : 6170863
  • Updated Date : 12/12/2020 at 17:39
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,326 sqft
  • Baths : 2 full
Listing Agent

Homesmart Lifestyles

Listing Agent's Description

Vaulted ceilings greet you as you enter this fantastic remodeled, LARGE, single story home, conveniently located in Circle Cross Ranch. You will love this open floorplan with arched doorways NO carpet anywhere! HVAC was recently replaced only a couple MONTHS ago with an upgraded, 15k, TRANE unit as well as a new water heater! Kitchen features CORIAN counters and STAINLESS STEEL appliances-even a GAS double oven range! Upgraded fixtures, 2'' faux wood blinds and custom paint throughout. Prepare to be amazed in the relaxing, low maintenance yard! Your personal paradise with tons of pavers, turf, annnndddd a Sparkling pool with deck jets and custom water features! View fencing with a green belt behind finishes off this backyard oasis!

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
Circle Cross Ranch K-8 School Primary Regular 786 35 5
Circle Cross Ranch K-8 School Middle Regular 786 35 5
Poston Butte High School High Regular 1,801 79 4

Circle Cross Ranch K-8 School

  • Education Level: Primary
  • # of students: 786
  • # of teachers: 35
5
GreatSchools Rating

Circle Cross Ranch K-8 School

  • Education Level: Middle
  • # of students: 786
  • # of teachers: 35
5
GreatSchools Rating

Poston Butte High School

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

$351,000$429,000$390,000

PURCHASE PRICE

$1,440$1,760$1,600

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,600
EXPENSES Loan Payment -$1,439
Property Tax -$206
Property Insurance -$73
HOA -$50
Property Management Fees -$99
CASH FLOW
-$266

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.

$390,000

PROJECTED PRICE

$1,600

PROJECTED RENT

0.41%

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-$5.0k$0.0$5.0k$10k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$109,100

INVESTMENT

$109,100

Down Payment
$97,500
Rehab Estimate
$5,750
Closing Costs
$5,850

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$1,439

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $97,500
Loan Amount $292,500
See What Happens When You Reinvest Cash Flow

2.42

YEARS SAVED

$8,128

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,600

    LIST RENT
  • $0.69

    LIST RENT PER SQFT
  • $1,593

    COMP ESTIMATED VALUE
  • $0.69

    COMP AVG. RENT PER SQFT
Comps Range
$1,395
1$1,3952$1,4003$1,6004$1,6495$1,695
$1,695
RENT COMPS ANALYSIS
  • 34457 N Vidlak Drive San Tan Valley, AZ 3
    • 4 beds 2 baths ∙ 2,326 Sqft ∙ Built 2006 4 beds 2 baths ∙ 2,326 Sqft ∙ Built 2006
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $0.69
    •  
  • 284 W Jersey Way San Tan Valley, AZ 1
    • 3 beds 3 baths ∙ 2,185 Sqft ∙ Built 2005 3 beds 3 baths ∙ 2,185 Sqft ∙ Built 2005
    LEASED 02/17/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,395
    • $0.64
    •  
  • 249 W Jersey Way San Tan Valley, AZ 2
    • 3 beds 3 baths ∙ 2,185 Sqft ∙ Built 2004 3 beds 3 baths ∙ 2,185 Sqft ∙ Built 2004
    LEASED 10/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.64
    •  
  • 396 W Corriente Court San Tan Valley, AZ 4
    • 4 beds 3 baths ∙ 2,184 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,184 Sqft ∙ Built 2005
    LEASED 08/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,649
    • $0.76
    •  
  • 34994 N Barzona Trail San Tan Valley, AZ 5
    • 4 beds 3 baths ∙ 2,419 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,419 Sqft ∙ Built 2005
    LEASED 12/11/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,695
    • $0.70
    •  
PROPERTY LISTING DETAILS
Terra A. Mccormick
Homesmart Lifestyles
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6170863
Last Updated: 12/12/2020
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. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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